Infrastructure upgrades, flood protection, and EV charging expansion
The Finance Committee reviewed and approved the 2025 Proposed Capital Budget totaling $152.6 million. This budget includes 78 capital projects focused on replacing or upgrading essential infrastructure and assets, renewing community amenities, expanding the Electric Vehicle (EV) charging network, and implementing a public safety camera system. Significant allocations include $63.4 million for infrastructure (59.8% of the budget), with a large portion dedicated to the Accelerated Flood Protection Program ($27.5 million), and $27.8 million for building programs, including repairs to the Seine Net Loft. Other key areas of investment are equipment ($20.6 million), information technology ($5.1 million including REDMS replacement), and land acquisition ($11 million). A $20 million contingency is included for potential external funding. The approved budget will be incorporated into the Consolidated 5 Year Financial Plan (2025-2029).