Asset management calls for an integrated, holistic approach to community infrastructure. This approach involves analyzing all relevant factors, such as the costs of construction and ongoing maintenance, along with environmental, social and community impacts. The goal is to ensure that municipalities can deliver the services that residents need and want at costs they can afford.
Northbound Planning Ltd. can create a community-specific Asset Management program that suits your needs.
The key to asset management is access to, and analysis of, accurate, current and relevant data. To plan effectively, a community must have a good idea of what the future is likely to hold: how its population and economy will evolve, and how local weather patterns will change over the long term— the projected lifecycle of most community infrastructure.
Federation of canadian municipalities (FCM)
Much of Canada's infrastructure—roads, drinking water and wastewater systems, arenas, bridges and more—is owned by municipal governments. With the support of the federal government, municipalities are embarking on an unprecedented renewal phase of these critical assets, recognizing that Canadians rely on this infrastructure for their quality of life.
The Municipal Asset Management Program (MAMP) is a five-year, $50-million program that will support Canadian cities and communities to make informed decisions about infrastructures, such as the planning and construction of roads, recreational facilities, and water and wastewater systems.
Infrastructure renewal represents arguably the toughest challenge facing municipalities across Canada. Decisions about maintaining, replacing and repairing infrastructure have significant consequences not only for a municipality's bottom line but also for residents, neighborhoods and the natural environment.
northbound planning services
Northbound Planning Ltd. team specializes in community planning, development and asset management. We can create an asset management program suitable to your community's needs, and work with you to maintain and shape it's programming as your community changes in the future.