The Government of Canada has announced $2 billion will be made available under the National Trade Corridors Fund (NCTF) to help infrastructure owners and users invest in critical assets that support economic activity and the physical movement of goods and people in Canada. Municipalities are eligible to partner with the federal government on projects that address transportation bottlenecks, vulnerabilities, and congestion along Canada’s trade corridors. Funding will be allocated to projects based on their individual merits, which will be assessed according to how they help to strengthen the efficiency and resilience of transportation assets.
The federal government has asked municipalities to submit expressions of interest by September 5, 2017 so that they can better understand municipal needs and opportunities. This is a key opportunity for municipalities to profile how their critical infrastructure deficit impairs trade within Alberta and across Canada. After reviewing the expressions of interest, the federal government will announce a formal call for proposals in 2018.
Learn more about the Trade and Transportation Corridors Initiative and the National Trade Corridors Fund.