The Alberta and federal governments have signed an agreement that will make more than $510 million in federal funding available to municipalities over eight years for water and wastewater infrastructure projects aimed at accelerating housing development. Prime Minister Justin Trudeau and Alberta Premier Danielle Smith announced the deal in Red Deer, Alberta. The funding is intended to help municipalities build or upgrade water and wastewater systems, removing a key barrier to new housing construction. The agreement allows local governments to access the money to support infrastructure that enables faster development of residential properties. Both governments said the investment addresses a critical need for reliable water and sewage services, which are often prerequisites for approving new housing projects. The eight-year timeline provides long-term certainty for municipalities planning major infrastructure work. The announcement comes amid a national housing shortage, with governments at all levels seeking ways to increase supply. Alberta has seen population growth and rising demand for housing, particularly in urban centers. The funding is part of a broader federal infrastructure program, though specific project allocations will be determined by municipalities in partnership with provincial and federal officials.