Government of Canada commits up to $7 million to support community infrastructure in the Regional District of Nanaimo

The Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities announced a federal investment of up to $7 million for the Ravensong Aquatic Centre Expansion project in British Columbia through the Green and Inclusive Community Buildings program.

The federal government recognizes the importance of community spaces and remains committed to strengthening and revitalizing Canadian communities, remaining connected through common interest and shared spaces.

The Regional District of Nanaimo (RDN) is pleased that a contribution of $7 million for the Ravensong Aquatic Centre Expansion project has been approved. The contribution forms a significant portion of the $36 million project budget. With this announcement, the project would be funded through a contribution agreement with the Federal Government, long-term borrowing if approved through the referendum on April 5, 2025, and capital reserves.

The federal contribution will reduce the RDN’s reliance on borrowing the full amount of the proposed $30 million and provide a financial buffer during a shifting economic period.

For more details visit: rdn.bc.ca/notice-2025-03-19(External link)