Question to the Department for Environment, Food and Rural Affairs:

To ask the Secretary of State for Environment, Food and Rural Affairs, what recent assessment her Department has made of the adequacy of (a) funding for the Canal & River Trust to maintain and improve England’s waterways and (b) the long-term funding arrangements for the Trust.

The Government is currently providing the Canal and River Trust with a 15-year grant (2012-2027) totalling about £740 million to support maintenance of the canal network infrastructure. When it was set up in 2012, the Government also provided the Trust with a permanent endowment fund now worth around £1 billion that generates a further quarter of its income. A review of the grant funding in 2021-2023 concluded that the Trust is providing value for money and there was a good case for continued grant funding. A further substantial 10-year grant from 2027 of £401 million was confirmed by the Government in August 2024. This further grant reflects the importance of the country’s inland waterways and continues to support the Trust in the long-standing objective of reducing its reliance on public funding while developing alternative funding sources.