CVRD Watewater Treatment Facility Gets $17 Million in Federal Funding
The Comox Valley Regional District (CVRD) and Village of Cumberland south sewer project received $17 million from the Government of Canada’s Gas Tax Fund.
The project is a joint initiative between the CVRD, the Village of Cumberland and K’ómoks First Nation, working toward the common goal of providing safe, reliable, and cost-effective sewer treatment as these communities grow.
To help protect the waterways surrounding Baynes Sound, stage one of the project will include building the treatment plant and collection system to address the failing septic systems in the core areas of Union Bay and Royston along with addressing wastewater treatment issues in Cumberland.
The $17 million in federal funding includes $15 million in Gas Tax funding from the Union of British Columbia Municipalities’ UBCM application-based program for capital projects and $2 million from the CVRD’s annual Gas Tax Fund allocation. The CVRD will finance the remainder of the $42-million cost for this phase of the project by borrowing approximately $25 million through the Municipal Finance Authority MFA.