Infrastructure Accountability Act
Summary
The Infrastructure Accountability Act establishes a Deputy Minister’s Capital Committee which will provide timely and accurate information, recommendations and advice to departments and the Treasury Board regarding the capital plan.
The Minister must prepare and publish a 20-year strategic capital plan by December 8, 2022 and at least once every 4 years thereafter. The 20-year strategic capital plan must outline the government’s long-term vision for meeting the infrastructure needs of Albertans over the next two decades and must provide strategic long-term capital planning through an analysis of long-term economic, demographic and other trends.
The Act requires the responsible Minister to consider the following factors when determining whether a particular project or program is to be recommended to the Treasury Board:
- Whether it is expected to decrease risks to the health and safety or security of Albertans or increase compliance with health and safety and other applicable legislation;
- The extent to which it aligns with the government’s strategic objectives and priorities;
- The extent to which it is expected to result in positive economic impacts, including job creation and economic development and activity;
- The extent to which it is expected to result in the improved delivery of programs and services;
- The full life-cycle cost of the project or program and whether it will generate a return on investment; and
- The extent to which the project or program is expected to enhance the resiliency of a community.
In Force: December 8, 2021