Under the Canada Community-Building Fund deal, local governments in B.C. will receive $300 million in federal infrastructure funding in 2024-2025. More than $825 million, representing about half of the five-year total, will go to TransLink, Metro Vancouver’s transit authority.
TransLink to receive over $825 million as part of Canada Community-Building Fund deal
Three levels of government say they’ve finalized a deal that will provide more than $1.6 billion in federal funding over the next five years to communities in British Columbia, in order to build and maintain “critical infrastructure.”
Under the Canada Community-Building Fund deal, local governments in B.C. will receive $300 million in federal infrastructure funding in 2024-2025.
The deal was jointly announced by federal Minister of Housing, Infrastructure and Communities Sean Fraser, B.C.’s Minister of Municipal Affairs Anne Kang and Trish Mandewo, president of the Union of B.C. Municipalities.
Their statement says upgrading municipal infrastructure