Building Canada Fund Finances Community Based Infrastructure Projects.
On September 12, 2008 Ontario launched the $200 million first intake of the Building Canada Fund-Communities Component (BCF-CC) program, giving Ontario’s smaller towns and rural communities (those with population under 100,000 people) increased access to infrastructure funding. Over the next six years, the federal and provincial governments will each contribute a total of $362 million to the program for a combined investment of $724 million. Designed as a competitive, application-based program, the BCF-CC will finance 17 categories of community-based infrastructure projects of which brownfield redevelopment is one (for program details, go to
www.bcfontario.ca). Eligible municipalities can submit an application for the first intake on or before November 21, 2008 either on-line, by email or mailing in a completed application form. The BCF-CC is one component of the broader Building Canada Plan.