The summit aimed at highlighting the importance of asset management, empowering municipalities to put the right instruments in place and consider a balanced approach towards investing in maintenance of existing infrastructure and investing in new infrastructure to stimulate growth.
Canada is renowned for expertise in the areas of Assert Management and Climate Change and will impart such knowledge to local government.
Manager of Asset Management from Comox Valley Regional District, Canada Gracelyn Shannon said: “Asset Management Readiness Scale helps local government measure progress on management in five competency areas which are policy and governance, people and leadership, data and information, planning and decision-making and contribution to asset management practice. Each of these competencies is a building block. Together, the five building blocks form the practice of asset management.”
BCMM Portfolio Head for Finance Councillor Helen Neale-May said: “On the Climate Change, the intention is also to empower Municipalities to mitigate against its impact especially on the vulnerable groups such as women, youth, children and people with disabilities.”
She further added that: “We commend SALGA for initiating the partnership with Federation of Canadian Municipalities (FCM). We need to also applaud Global Affairs Canada for funding such strategic partnership.”