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newsApr 7, 20261:39

Canada's $51B Infrastructure Fund: Rebuilding Communities

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Canadian Prime Minister Mark Carney unveiled the $51 billion Build Communities Strong Fund, aiming to double infrastructure spending over eight years. The fund, part of the 2025 budget, allocates $27.8 billion for core infrastructure and $6 billion for local projects. Carney announced $64 million for a new rec center in Brampton and $300 million for 13 projects, including water systems in Iqaluit. Provinces and territories receive $17.2 billion to match, with Ontario getting the largest share. The fund encourages youth to join trades and reshapes communities, despite critics calling it a rehash.

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Canada's $51B Infrastructure Fund: Rebuilding Communities

Vancouver News Today | 2 Min News | The Daily News Now!

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Vancouver News Today | 2 Min News | The Daily News Now!Canada's $51B Infrastructure Fund: Rebuilding Communities. Machine-transcribed; use the interactive transcript above to jump the player to any line.

Canadian Prime Minister Mark Carney hit Brampton, Ontario this Tuesday to roll out the $51 billion bill community strong fund straight from the 2025 budget. This massive pot aims to nearly double infrastructure spending over the next eight years compared to the last eight fixing roads, bridges, water, systems, and more across the country. The fund breaks down with $27.8 billion over 10 years for core infrastructure plus $6 billion for local projects like community centers and building upgrades. Carney's first move there was $64 million for a new rec center and park in Brampton, followed by $300 million for 13 projects nationwide, including water systems for new housing up north in Iqaluit. He's pushing youth to jump into trades like electrician or plumberwork, saying the next 25 to 30 years will boom as Canada rebuilds. Businesses and territories get $17.2 billion to match, with Ontario snagging the biggest

slice at $6 billion in rules, mandating 20% for rural, northern, and indigenous spots. They just launched a website for cities and groups to apply, and last week sealed an $8.8 billion deal with Ontario to slash. Development charges and wave sales tax on new homes for a year to ease housing costs. Just like conservative MP Dan Albus, call it a rehash, urging the feds to ditch anti-growth rules instead, but this funds gearing up to reshape. Communities from coast to coast, local news, powered by AI, this is Vancouver News today. I'm Corey with the story.

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