Population growth, electrification create need for investment in region.
When looking at infrastructure developments throughout Metro Vancouver, much of the drive to update and build public resources is based on increasing demand for those resources due to immigration.
And infrastructure and housing go hand in hand, said George V. Harvie, mayor of the City of Delta and chair of the Metro Vancouver board of directors. Ottawa has said it hopes to welcome 485,000 newcomers in 2024 and 500,000 in 2025. If B.C. continues to absorb around 20 per cent of immigrants to the country, the province could be looking at 97,000 newcomers next year, and around 100,000 in 2025.
This is the first time in the province’s history that there are two SkyTrain projects underway at the same time. Combined, the projects will extend SkyTrain track by roughly 27 per cent. “Our biggest concern right now is that we cannot on these major projects get a confident end-number as to what the cost would be. And that’s because of trade shortages, supply chain problems, rising interest rates, all that is compounding and making this a very difficult thing for Metro Vancouver to go through. But we are,” said Harvie, adding that the region is relying on the provincial and federal governments for support.
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