Asset Management Awareness Day

What is Asset Management?


Across Canada and around the world, the importance of sustainable infrastructure is being raised. Infrastructure is how governments deliver services to its residents. Local governments are responsible for maintaining an enormous quantity and variety of assets, ranging from major infrastructure such as hundreds of kilometers of water pipes and utilities, to items as small as the computers and telephones used by staff to provide services to the community.

The goal of asset management is to achieve sustainable service delivery. This is done by delivering current and future community services to residents in a socially, economically and environmentally responsible way while not compromising the level of service provided.

Our residents and businesses depend on these services. It is easy to forget about all the infrastructure that is needed to deliver water to a tap or take sewage away for treatment – until something goes wrong. Effective asset management involves identifying the life span of our assets, planning the asset upgrades or replacements needed to avoid disruption of service and creating a long-term financial strategy to pay for it. The longer infrastructure ages, the more challenging and expensive it becomes to maintain it. And just like with your car or home, these assets may fail much earlier than expected if they are not regularly maintained.

Some of our assets include:

  • The Regional Landfill in Cedar
  • The Transfer Station on Church Road in Parksville
  • The Greater Nanaimo Pollution Control Centre
  • More than 2072 Hectares of Regional Parks and Trails
  • The Ravensong Aquatic Centre in Qualicum Beach
  • The Oceanside Place Arena in Parksville


Learn more about who the RDN is, what services we provide and what assets we have by visiting our Get Involved RDN page at: getinvolved.rdn.ca/who-we-are. Register by June 16 and you will be entered to win one of three great prizes of your choice! An RDN Recreation or Parks $100 gift certificate, two, one -month passes for RDN Transit, a $100 credit on your next RDN utility bill (you must live in one of the RDN’s electoral areas to receive this prize) or a $100 gift certificate for a local restaurant or business.

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