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Infrastructure Stimulus Fund in Yukon
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 that provides funding to provincial, territorial, municipal and community construction-ready infrastructure projects. The Infrastructure Stimulus Fund complements existing federal infrastructure funding by focusing on short-term objectives for economic stimulus.
About the Program
The Infrastructure Stimulus Fund will provide $4 billion for the construction of infrastructure projects to be built over the next two years (2009-10 and 2010-11). To provide short-term stimulus to the economy, construction readiness will be a key project selection criteria; for example, the rehabilitation and retrofit of existing assets to improve safety or extend their useful life. Eligible projects include water, wastewater, transit, roads, culture, parks, trails and community services infrastructure (see Program Guide for eligibility).
How it Works
To ensure that the program provides economic stimulus quickly, and to ensure partnership with the provinces and territories, the Infrastructure Stimulus Fund is being rolled out in a flexible manner.
On May 13, 2009, the Infrastructure Stimulus Fund was officially launched in the Yukon Territory.
Projects Announced
On May 13, 2009, the governments of Canada and Yukon announced a $7-million investment in key infrastructure projects across the territory.
On January 19, 2010, the governments of Canada and Yukon announced joint funding of $648,000 for upgrades to the Guild Hall, a 30-year-old multi-use rehearsal and theatre facility, which serves as Whitehorse's primary venue for community theatre.
On February 4, 2010, the governments of Canada and Yukon announced joint funding of $600,000 for local road infrastructure improvements in the territory.
Information by province and territory >>
