History of the Fund
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.