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“At the heart of the Gibsons Eco-Asset Strategy is North America’s first natural asset policy, which directs the municipality to consider the role of natural assets within our overall asset management strategy. What gives life to the policy is the fact that, once the natural asset is within the policy, a budget must be set aside for its ongoing management and maintenance, and town staff must work together to preserve its integrity,” states Emanuel Machado.

Sustainable Service Delivery integrates financial accountability, infrastructure sustainability and service delivery. “While the BC Framework was only launched in early 2015, it has garnered both national and international attention. Other provinces, as well as the Federation of Canadian Municipalities, are integrating the BC Framework into their respective work, and have identified it as a holistic and ‘easy to understand’ resource,” observes Andy Wardell.

“Within the GTA, it is clearly articulated that asset management, and its implementation by local governments, is a priority by all parties. There is recognition by all levels of government that asset management is integral in providing local government services, and managing the infrastructure needed to support those services, in a sustainable manner,” wrote Glen Brown.

“The asset management process is a continuum; and nature is an integral part of a community’s infrastructure system. The process starts with the engineered assets that local governments provide. Communities will progress along the continuum incrementally as their understanding grows. By also accounting for and integrating the services that nature provides, over time they can achieve the goal of Sustainable Service Delivery for watershed systems,” states Wally Wells.

A watershed is an integrated system, is infrastructure, and must be viewed as an asset that provides municipal services. “Where a local government regulates land use, a watershed is an integral part of the drainage infrastructure assets of the local government. More specifically, the three pathways (surface, shallow lateral flow, groundwater) by which rainfall reaches streams are infrastructure assets. They provide ‘water balance services’,” stated Kim Stephens.

“Provision of Sustainable Service Delivery is the ‘New Paradigm’. It is our singular aim. Sound Asset Management practices prevent in-service failure of assets which consequently cause service delivery interruptions. Therefore, Asset Management is the means to achieve the aim. Shifting to this ‘New Paradigm’ gives us an opportunity to align the existing nature of our services with the needs of future users,” wrote David Allen.

“Natural capital assets, such as green space, aquifers, foreshore area and creeks, can be as effective as engineered (or grey) infrastructure in water management. When considering the civil function that many of our natural assets perform, in many instances at a fraction of the cost of engineered assets, it makes good sense to recognize and manage them in a manner that reflects their true worth,” concluded Dave Newman.

“Leading asset managers in Canada, will have a greater role to play as cities design and re-build their infrastructure. From public transit to social housing, from how we use our streets and sidewalks, it is not just a numbers game on a spreadsheet. This is why it is urgent for them to understand the importance and the changing role of urban design, and the public realm, and how people use it,” stated Gord Hume.

“The initiative is designed to help local government champions integrate natural systems thinking and adaptation to a changing climate into asset management. A desired outcome is healthy streams and watersheds. So, implement ‘Design With Nature’ standards of practice for development and infrastructure servicing. Protect and restore stream corridors and fish habitat,” stated Peter Law.

“The focus on desired outcomes allows local governments to develop and implement an approach that can be both incremental and measured, tailored to the individual needs and capacity of each local government,” states Wally Wells. “The BC Framework recognizes that asset management, and the best practices that support asset management, is scalable to community size and capacity. The BC Framework also recognizes there are many components within the asset management process.”