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Briefing

Infrastructure bank makes first sewage deal, with First Nation in B.C.

A $6.4-million loan for a new wastewater plant on the 1,500-member shíshálh Nation northwest of Vancouver will mean connections for 88 buildings now on septic systems, the Canada Infrastructure Bank said. (The Logic)

Briefing

Infrastructure bank makes first sewage deal, with First Nation in B.C.

By David Reevely
Nov 2, 2022
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A $6.4-million loan for a new wastewater plant on the 1,500-member shíshálh Nation northwest of Vancouver will mean connections for 88 buildings now on septic systems, the Canada Infrastructure Bank said. (The Logic)

Talking point: It’s the bank’s first agreement for a wastewater facility, intended to help the shíshálh Nation replace an obsolete plant with a higher-capacity one that produces cleaner outflow. It will allow more high-density residential development on the First Nation and will also be able to serve new buildings in the neighbouring District of Sechelt. It’s also the eighth under the bank’s $1-billion Indigenous infrastructure stream, which is meant to address a deficit of $25 billion to $30 billion in the infrastructure in Indigenous communities.

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