From: Infrastructure Canada, 25 June, 2021
Government of Canada announces new Natural Infrastructure Fund
Infrastructure Canada has announced a new, $200 million Natural Infrastructure Fund. Under this new program, the first of its kind at the federal level, up to $120 million will be invested in large natural infrastructure projects. The new program will support projects that use natural or hybrid approaches to protect the natural environment, support healthy and resilient communities, contribute to economic growth, and improve access to nature for Canadians.
In the coming weeks, further details will be announced about the Large Projects Stream. Upon receipt and approval of application, projects will be eligible to receive up to $20 million. An additional stream will be created under which recipients may submit smaller projects for review through an open and merit-based process.