New federal funding will support local infrastructure initiatives that strengthen communities and advance economic development in Alberta and across the Prairies.
A strong Canada is built on strong communities and thriving regional economies. To help build strong and vibrant communities across the country, the Government of Canada launched the Build Communities Strong Fund (BCSF) to make generational investments in the infrastructure Canadians rely on.
As part of this national initiative, Canada's regional development agencies are delivering $1 billion over four years through the BCSF Local Impact Stream, a part of the BCSF Direct Delivery stream, to support communities facing high costs to improve and expand the kinds of infrastructure projects that strengthen communities and advance regional economic development.
Today, the Honourable Eleanor Olszewski, Minister of Emergency Management and Community Resilience and Minister responsible for Prairies Economic Development Canada (PrairiesCan) announced that the Build Communities Strong Fund Local Impact Stream is now open in the Prairie provinces.
Through this stream, PrairiesCan will invest over $176 million over four years for locally significant infrastructure in Alberta and elsewhere across the Prairies that advance sustainable economic development and have public benefit by enhancing communities and quality of life for residents.
