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Posted by: | Posted on: January 11, 2020

Building Canada Fund: Infrastructure investments benefiting smaller communities

first_img“Basically, the new Building Canada Fund is why I’m touring around – just letting municipalities know that there’s money out there to ask for [in regard to] infrastructure, giving some the specifics about what project qualify [and] what don’t, and just explaining the fund,” MP Zimmer says over the phone in Dawson Creek – a stop made after already visiting Williams Like, Quesnel, and Prince George.The money is given to smaller communities province-wide looking to improve basic infrastructure. Some examples can include roads, pipes in the grounds, water and sewer.Once approved, one-third of funds come from the feds, another one-third from the province, and the final one-third from the municipality asking for funds. If it’s a highway project, the money is split 50/50 between the feds and the province.- Advertisement -“We’re kind of in a tight spot in terms of timing,” MP Zimmer goes on to explain. ”We couldn’t proceed with any asks [sic] before the municipal elections because municipalities and councils change.”The deadline to apply for the new Building Canada Fund is February 18, 2015.“We want shovels in the ground as soon as we can get them going in the spring of 2015.”Advertisement The federal government has a total of $109 million to be allocated, and when calculated with the shared component of the province, the total is raised to $218 million, according to MP Zimmer.last_img read more