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Carney breaks down plans to spend $51B on local infrastructure
The fund will be matched by provinces and territories and includes $5 billion for health infrastructure and 13 initial projects worth $300 million.
- On Tuesday, Prime Minister Mark Carney officially launched the $51 billion Build Communities Strong Fund in Brampton, dividing the 10-year initiative into three streams: $27.8 billion for civic infrastructure, $17.2 billion for provincial and territorial projects, and $6 billion for direct delivery regional work.
- Originally announced in the 2025 budget, which became law last month, the fund was introduced as a generational investment to address Canada's affordable housing crisis and modernize civic infrastructure.
- Carney announced a first tranche of $300 million funding 13 projects Tuesday, with $64 million for a recreation centre and park in southwestern Brampton, alongside infrastructure projects in Laval, Quebec; Hay River, Northwest Territories; and Iqaluit, Nunavut.
- Ontario secured the first provincial partnership last week with Premier Doug Ford, committing to cut development charges in half and eliminate 13 per cent sales taxes on eligible new homes valued up to $1 million; Ontario receives $6 billion, the largest provincial share.
- Nearly 500 projects representing over $6 billion are expected to break ground in the coming year, with approximately $12 billion in annual infrastructure investments for eight years—projected to boost Canada's GDP by $95 billion and support 42,000 jobs annually.
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42 Articles
PM Mark Carney breaks down plans to spend $51B on local infrastructure
The federal government will address infrastructure gaps across Canada with billions of dollars in funding over the coming decade, Prime Minister Mark Carney said on Tuesday at a news conference in Brampton, Ont.
·Canada
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Feds earmark $461 million in infrastructure money for N.B.
There’s $461 million in federal money for New Brunswick in a newly launched infrastructure program to build public transit, new community centres, and, for the first time, health-care infrastructure, “including more emergency departments and new urgent care centres,” says Prime Minister Mark Carney.
·Saint John, Canada
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The Toronto Star+26 Reposted by 26 other sources
Carney breaks down plans to spend $51B on local infrastructure
OTTAWA - Prime Minister Mark Carney says the federal government has a plan to address infrastructure gaps across Canada with billions of dollars in funding over the coming decade.
·Toronto, Canada
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Total News Sources42
Leaning Left23Leaning Right2Center4Last UpdatedBias Distribution79% Left
Bias Distribution
- 79% of the sources lean Left
79% Left
L 79%
14%
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