Question to the Department for Environment, Food and Rural Affairs:
To ask the Secretary of State for Environment, Food and Rural Affairs, what recent discussions he has had with the Canal and River Trust on ensuring the long-term resilience of canal infrastructure in (a) the Midlands and (b) Leicestershire.
The Government recognises that inland waterways provide many public benefits, including health and wellbeing effects, leisure and recreation uses, and industrial heritage attractions. They are also important for the natural environment by providing green corridors along which biodiversity can flourish, and contribute to the growth of local economies, via domestic tourism and facilitating active transport links. These were assessed as part of the Government’s review in 2021/22 of the current Canal and River Trust Grant. Officials also meet regularly with the Trust to discuss a range of issues.
As an independent charity the Trust is responsible for managing operational matters relating to individual canals, and the Government does not have a role in that. When the Trust was set up in 2012, the Government provided it with a 15-year grant (2012-2027) currently worth £740 million, which at £52.6 million a year represents 20-25% of its annual income. At the same time the Government also provided the Trust with a permanent endowment fund now worth over £1 billion that generates a further quarter of its income. The Government has reconfirmed its provision of a substantial new 10-year grant worth £401 million between 2027 and 2037, which reflects the importance it places on our waterways. It will bring the total amount of Government support for the Trust since 2012 to around £1.14 billion.