CIPH and MCAC voice support for Canada Infrastructure Bank’s Growth Plan
The $10B investment plan includes $2 billion earmarked for retrofits of buildings to make them more energy efficient.
In a joint statement the Mechanical Contractors Association of Canada (MCAC) and the Canadian Institute of Plumbing & Heating (CIPH) voiced their support of the federal government announcement on October 1 that $10 billion will be invested over the next three years as part of the Canada Infrastructure Bank’s Growth Plan to support Canada’s economic recovery, including $2 billion earmarked for retrofits of buildings to make them more energy efficient.
“We are delighted to see that the government acknowledges retrofits are a key part of Canada’s low-carbon transition. Retrofitting is not just good for business, it will help to reduce the proportion of greenhouse gas emissions from the built environment, conserve water, and make places healthier and more comfortable to live and work in,” stated Ralph Suppa, president and general manager of CIPH.
“This acceleration shows that the government is already following through on Throne Speech commitments,” added Tania Johnston, CEO of MCAC. “Our members want us both to ensure the government keeps its word and gets money flowing to qualified projects quickly.”
CIPH and MCAC are also encouraging the government to invest in skilled trades training, support efficiency by addressing trade barriers, and partnering with provinces and municipalities on public projects.
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October 25, 2021