History of the Fund
Administrative Agreement – Establishes terms and conditions for the use of Canada Community-Building funds in Ontario for the ten-year period running from 2024/25 to 2033/34.
Budget 2022 (A Plan to Grow Our Economy and Make Life More Affordable) – Government of Canada tied access to infrastructure funding to actions by provinces, territories, and municipalities to increase housing supply where it makes sense to do so.
Budget Implementation Act, 2021, No. 1 – Renamed the Fund to the Canada Community-Building Fund and provided a one-time transfer of an additional $2.2 billion to municipalities in 2021/22 (effectively doubling the Fund in that year).
Budget 2019 – Provided a one-time transfer of an additional $2.2 billion to municipalities through the Fund in 2019/20 (effectively doubling the Fund in that year).
Budget 2016 – Provided a one-time transfer of legacy infrastructure funding – i.e., uncommitted funds from older federal infrastructure programs – to municipalities through the Fund.
Administrative Agreement – Establishes terms and conditions for the use of Canada Community-Building funds in Ontario for the ten-year period running from 2014/15 to 2023/24.
Economic Action Plan 2013 Act, No. 1 (S.C. 2013, c. 33), s. 233 – Indexed the Fund at 2% per year, starting in 2014/15, with increases applied in $100 million increments.
Budget 2013 – Established a commitment to expand eligible investment categories under the Fund with the negotiation of new agreements in 2013/14.
Keeping Canada’s Economy and Jobs Growing Act (S.C. 2011, c. 24), s. 161 – Turned the Fund into a permanent annual transfer of $2 billion from the Consolidated Revenue Fund, starting in 2014/15.
Budget 2011 – Established a commitment to legislate a permanent annual investment of $2 billion in municipal infrastructure through the Fund.
Budget 2008 – Established a commitment to make the Fund permanent to help municipalities plan for and finance long-term infrastructure needs.
Budget 2007 – Extended the Fund to provide communities with an additional $2 billion/year between 2009/10 and 2013/14.
Budget 2005 – Established the federal Gas Tax Fund to share $5 billion in federal gasoline excise tax revenues with communities over five years to support environmentally sustainable infrastructure.