Infrastructure Stimulus Fund

New in Canada's Economic Action Plan

Through Canada's Economic Action Plan, the federal government has established a new $4-billion Infrastructure Stimulus Fund (ISF) that provides funding to provincial, territorial and municipal construction-ready infrastructure rehabilitation projects. Funding is available for two years for projects that begin during the 2009 and 2010 construction seasons.

About the Program

The ISF complements existing federal infrastructure funding by targeting short-term objectives for economic stimulus. To further this goal of rapid economic stimulus, the ISF will focus mostly on construction-readiness and the extent to which the funding will maintain the safety and prolong the life of the asset, as important project selection criteria. The full $4 billion will be distributed in fiscal years 2009-2010 and 2010-2011. Projects will include the rehabilitation of existing assets such as water and wastewater infrastructure, public transit, highways, roads, cultural facilities, parks, trails and municipal buildings. Some variations in eligible projects exist depending on the recipient of the project funding. 

How It Works

Projects must satisfy program criteria and be confirmed in a funding agreement. Provincial and territorial projects will be identified through discussions with provincial and territorial governments. Proposals from municipal and non-governmental organizations will be considered through different selection processes in consultation with each province and territory. Details will be announced shortly in each province and territory. 

The program provides federal funding of up to 50 percent of eligible project costs for provincial, territorial and municipal government assets and not-for-profit private sector assets, with preference for municipal and not-for-profit assets requiring only up to 33 percent federal funding. The program provides funding of up to 25 percent for for-profit private sector assets. Projects receiving funding under the Infrastructure Stimulus Fund must complete construction by March 31, 2011. 

Who Is Eligible

Eligible recipients include provinces, territories, local governments and not-for-profit or for-profit private sector entities.

How to Find Out More

For more information, please consult the Building Canada website, contact Infrastructure Canada at info@infc.gc.ca or call the Government of Canada's toll-free information line at 1 800 O-Canada (1-800-622-6232). Mailed inquiries should be addressed to Infrastructure Canada, 6th Floor, 90 Sparks Street, Ottawa ON  K1P 5B4.

Find a Project Near You

This initiative helps fund the project(s) listed below. Select a project to learn more.