Release of Asset Management Primer

The Canadian Infrastructure Report Card (CIRC) led by FCM and others– has released its 2014 Asset Management Primer. The document highlights the importance of strong asset management practices for Canadian municipalities.

Some of the key points mentioned in the primer include:

• The importance of investment in Canada’s roads, bridges water, wastewater, and stormwater systems 
• Knowing the physical condition and costs to maintain our local infrastructure is at the heart of solutions to our shared infrastructure challenge.  All governments must recognize and embrace the role asset management plays in ensuring the predictability and safety of our public infrastructure
• Municipalities must be on the same page on asset management, we need to have relevant and realistic benchmarks and consistent comparisons. Cities need to work towards a standardized condition grading system for Canadian municipalities. This will help level the playing field between municipalities and help us give a more accurate picture of the state of public infrastructure in Canada.
• Asset management is a tool that aligns strategic planning at the municipal level with value that stakeholders and citizens place on the functionality and reliability of their public infrastructure.

Robert Haller, Executive Director is representing CWWA and all water/wastewater utilities, on the Report Card Advisory Board (supported by Dwayne Kalynchuk (Victoria) William Fernandes (Peel) and Neil Thomas (Fredericton). The next survey will go out in the coming months and we encourage all to participate as best as possible

Canadian Water and Wastewater Association