NIVERVILLE, MB – the Red-Seine-Rat (RSR) Wastewater Cooperative is excited to announce an investment commitment by the Canada Infrastructure Bank into its planned wastewater treatment facility. This investment commitment comes on top of previous funding announcements by the Province of Manitoba and Infrastructure Canada through the Investing in Canada Infrastructure Program.
This partnership with the Canada Infrastructure Bank will help support the municipalities of Ritchot, Niverville, Hanover, and Tache in continuing to experience growth in residential, commercial, and industrial developments. It will also help the participating municipalities to work towards their long-term environmental goals, such as reducing CO2 emissions by around 93% due to moving from a lagoon system to a mechanical system.
“RSR is very pleased to be able to partner with the Canada Infrastructure Bank. This investment from the CIB will ensure that our region continues to be an attractive place for families to call home,” says Jim Funk, Board Chair of the Red-Seine-Rat Wastewater Cooperative. “CIB’s involvement and expertise has enabled our four municipalities to sustainably pursue residential and commercial growth over the next 50 years. This is an exciting opportunity, and we are glad to be working alongside the City of Brandon and the Province of Manitoba to achieve it.”
Other benefits of the Red-Seine-Rat Wastewater Co-operative include:
- Reduced risk related to wastewater seepage, the ability to use existing lagoons as “holding ponds” during high-moisture periods to ensure RSR does not need to be oversized for the region and eliminating the need to absorb more farmland for larger lagoons.
- Provides capacity for 12,600 new housing units in the member municipalities of RSR.
- Investment into local economy of nearly $1.9 billion in new capital and construction and some 3,400 new jobs.
- Allows communities in the four member municipalities to compete for growth in business that is typically only afforded to larger urban municipalities.
For further media inquiries, please contact Cyrus Reimer by email at cyrus.reimer@whereyoubelong.ca
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