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On March 28, 2014, Canada launched the program details of the 10 year New Building Canada Fund (NBCF).

This fund consists of three programs with different funding request processes. Further reading and information can be found at the links below in the “READING RESOURCE” section.

 

For an update on the New Building Canada Fund,  CLICK HERE  for an article from the Spring, 2015 issue of the AMM Municipal Leader.

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The National Infrastructure Component
The $4-billion National Infrastructure Component (NIC) supports projects of national significance with total project costs over $100 million. These projects have broad public benefits, and contribute to Canada’s long-term economic growth and prosperity.

Provincial-Territorial Infrastructure Component – National and Regional Projects
National and Regional Projects Allocation: $420.4M
The National and Regional Projects (NRP) component is for projects that are nationally and regionally significant, and are predominantly medium and large scale in nature.

Provincial-Territorial Infrastructure Component – Small Communities Fund
Small Communities Fund: $46.7M
The Small Communities Fund (SCF) will provide funding to municipalities with less than 100,000 residents for core infrastructure projects of local significance. Funding for municipalities under the SCF will typically be approved on a 1/3, 1/3, 1/3 (federal/provincial/local) basis.