Asset Management Plan
Public infrastructure is central to our prosperity and our quality of life. The majority of public infrastructure in Canada is the responsibility of municipal government, and most people take for granted the important role of these assets. Adequate municipal infrastructure such as roads, bridges, and underground water and sewage pipes are essential to economic development, citizen safety, and quality of life. Well maintained infrastructure is critical in sustaining a municipality as an attractive place to live and do business.
Asset Management is the process of collecting a variety of data and information regarding municipality assets and infrastructure, and using all of that data and information to make the best long-term decisions in regards to building, operating, maintaining, renewing, replacing, and disposing of those assets.