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Courtesy of The Canadian Construction Association

Document highlights the importance of strong asset management practices for Canadian municipalities

The Canadian Construction Association (CCA) applauded the release today of the Asset Management Primer, part of the Canadian Infrastructure Report Card, which details the important need for asset management plans for Canadian municipalities, as well as recommendations for implementing asset management practices.

“The release of the Asset Management Primer as a follow-up to the 2012 Canadian Infrastructure Reaort Card is a great next step to tracking and monitoring the importance of ongoing infrastructure investment in Canada,” said Michael Atkinson, president of the Canadian Construction Association. “Since what gets measured, gets done, this primer will go a long way to assisting municipalities in their efforts to continually improve and build the infrastructure that drives the Canadian economy.”

The first-of-its-kind Canadian Infrastructure Report Card indicated that fewer than 15 per cent of municipalities could provide asset condition information that was derived from asset management processes. While the condition of above ground assets is more easily identified, assets not as visible are only more accurately monitored with asset management processes.

This past year saw increased awareness and promotion of asset management processes, including the federal government highlighting their importance in the New Building Canada Plan, the province of Ontario requiring asset management plans as eligibility for some provincial funding, and a number of municipalities developing their own asset management plans.

“This primer once again showcases the importance of strong asset management to the long-term viability and sustainability of our core public infrastructure assets,” Atkinson continued. “CCA would like to extend its thanks to the Canadian Network of Asset Managers (CNAM) for their work on this report, as well as their continued efforts to advance the state of public sector asset management practices in Canada.”

More information about the Canadian Infrastructure Report Card and the Asset Management Primer is available at www.canadainfrastructure.ca.

 

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