In August, the Canadian government announced improved funding opportunities for infrastructure projects in the country. Provinces and territories can redirect up to 10% of the funds they originally received under the Investing in Canada Infrastructure Program to the new COVID-19 Resilience funding stream. The maximum total volume to be reallocated amounts to CAD 3.3 billion. The federal cost-share for eligible projects under the new stream was significantly increased: up to 80% for provinces, municipalities, and not-for-profit organizations in provinces; and up to 100% for territorial and Indigenous community projects.
Various types of smaller infrastructure projects that contribute to a resilient recovery are eligible for funding, such as:
- Retrofits, repairs, and upgrades for schools, public buildings, and health infrastructure
- COVID-19 response infrastructure, including measures to support physical distancing
- Active transportation infrastructure, e.g., trails, footbridges and bike lanes
- Disaster mitigation and adaptation projects, including natural infrastructure, flood and fire mitigation, and tree planting.
To help provinces and territories address pressing needs in light of the pandemic, Infrastructure Canada will provide accelerated approvals for such projects. The Canadian government also decided to expand the eligibility criteria for infrastructure projects of other funding streams, making these accessible for active transportation, inter-community transit, and energy-efficiency projects.