ARTICLE · 27 FEBRUARY 2014

The New Building Canada Fund

Stewart McKelvey

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In the Federal Budget 2011, the Government of Canada stated that it would develop a new plan to support public infrastructure beyond the expiry of the 2007 Building Canada Plan in 2013-14.

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In the Federal Budget 2011, the Government of Canada stated that it would develop a new plan to support public infrastructure beyond the expiry of the 2007 Building Canada Plan in 2013-14. The Government has now fleshed out some of the details of this commitment, with the announcement of the New Building Canada Plan on February 13, 2014.

The details now released include: provincial-territorial allocations, eligible project categories, specific allocations for small communities, the role of other entities, public-private partnership (P3) requirements, and cost-sharing criteria.

Provincial-Territorial Allocations

The New Building Canada Plan will operate from 2014 through 2024. The estimated breakdown for Atlantic Canada is as follows, based on 2011 census data:

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