Inland Waterways: Finance
The question
To ask the Secretary of State for Environment, Food and Rural Affairs, what assessment he has made of the adequacy of the Canal and River Trust’s grant settlement for maintaining the safety and integrity of inland waterways in England.
Answered by Emma Hardy
Canal maintenance, and ensuring funding for it, is the responsibility of navigation authorities. The Government provides the largest navigation authority, the Canal and River Trust, with an annual grant of £52.6 million to support the Trust’s network maintenance programme. This represented 22% of the Trust’s total income of £232 million last year.
Following a comprehensive review of its funding in 2022, the Government agreed a further 10-year grant for the Trust from 2027 of £401 million. The new grant reflects the importance of inland waterways and provides a stable funding stream, gradually tapering each year, to support CRT as it delivers its long-standing objective of reducing reliance on public funding through developing alternative funding sources.
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