Under the Canada-Nova Scotia Framework Agreement, $235.68 million from the Building Canada Fund will go towards infrastructure initiatives in Nova Scotia under the following two components:
$198.68 million will be dedicated to major infrastructure projects, particularly in priority areas such as the National Highway System, transit, water and wastewater treatment and green energy. This component will support investments in Cape Breton and Halifax.
Under the Major Infrastructure Component, project proposals may be identified by provinces, local governments, or the private sector (not-for-profit and for-profit). Project priorities are determined through federal-provincial discussions. Once identified as a priority, proponents will be contacted and asked to submit a project overview (sometimes referred to as a business case) that includes an assessment of the proposed project. Prior to the approval of federal funding, a federal review of the business case is undertaken to evaluate project eligibility, benefits and risks and to ensure that the project meets minimum federal requirements.
$37 million has been fully allocated to smaller-scale projects in communities with populations of fewer than 100,000.
News Release:
Middleton, Annapolis Royal and Kingston Receive Building Canada Funding
News Release: Building Canada Fund — Second Call for Applications
News Release:
Windsor, Falmouth and Hantsport Projects Receive Building Canada Funding
Through Canada's Economic Action Plan, an additional $14 million has been fully allocated to the Communities Component for projects that will be completed by March 31, 2011. This top-up funding is in addition to the $235.68 million provided through the original Framework Agreement.
External Links
Canada-Nova Scotia Infrastructure Secretariat >>
Atlantic Canada Opportunities Agency >>
Building Canada Fund in the provinces:
In recognition of the unique infrastructure challenges in Canada's North, the Building Canada Fund allocations will be added to the Base Funding Initiatives in the territories.