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Source URL: rmalberta.com/news/apply-now-for-investing-in-canada-plan-funding/

Apply Now for Investing in Canada Plan Funding

Bilateral agreement completed between Alberta and Canada

On April 3, 2018, the Government of Canada and the Government of Alberta completed an agreement establishing how phase 2 of the federal Investing in Canada plan will be administered in Alberta. The bilateral agreement is not yet publicly available, however, information on eligibility parameters, application procedures, and other key information is available on the Government of Alberta website.

The Investing in Canada plan will contribute approximately $3.4 billion in infrastructure funding in Alberta over the next ten years. The funding is divided into the following components (click on the links for more information, as well as application and reporting instructions for each stream):

All municipal projects supported by the Investing in Canada plan will be cost shared between federal, provincial/territorial, and municipal levels of government. The federal government has committed to contributing up to 40% of costs for municipal projects under all streams, except for the Rural and Northern Communities Infrastructure stream, where the federal government will contribute up to 50% of costs, and up to 60% of costs for municipalities with a population below 5,000. At this time, the provincial contribution on municipal projects is not known, but all provinces will be required to contribute a minimum of 33.3% to all municipal projects.

For the Green Infrastructure, Community, Culture and Recreation Infrastructure, and Rural and Northern Communities streams, the application deadline is August 1, 2018.

In addition to municipalities, the Government of Alberta, non-profit organizations, Indigenous Ultimate Recipients, and for-profit organizations (when working collaboratively with a municipality, provincial body, or Indigenous Ultimate Recipient) are eligible to apply for funding under most Investing in Canada plan streams.

For enquiries, please contact:

Wyatt Skovron
Policy Analyst
wyatt@RMAlberta.com

Tasha Blumenthal
Director of External Relations & Advocacy
tasha@RMAlberta.com