Close Menu
Daily Guardian
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Technology
  • Climate
  • Auto
  • Travel
  • Web Stories
What's On

Westgate Resorts Celebrates America 250 with Spectacular Fourth of July Events Across Central Florida Resorts

June 22, 2026

Consider Kingston for high-speed rail stop, Ottawa tells Alto

June 22, 2026

Rod Stewart uses oxygen tank on stage, says he nearly fainted

June 22, 2026

WhatsApp head Will Cathcart is stepping down after seven years

June 22, 2026

Bookmaker.xyz Releases World Cup 2026 Sports Data Insights Report During Tournament Play

June 22, 2026
Facebook X (Twitter) Instagram
Finance Pro
Facebook X (Twitter) Instagram
Daily Guardian
Subscribe
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Lifestyle
  • Health
  • Sports
  • Technology
  • Climate
  • Auto
  • Travel
  • Web Stories
Daily Guardian
Home » Carney has a new $51B infrastructure fund. Here’s how he plans to spend it
Politics

Carney has a new $51B infrastructure fund. Here’s how he plans to spend it

By News RoomApril 7, 20263 Mins Read
Carney has a new B infrastructure fund. Here’s how he plans to spend it
Share
Facebook Twitter LinkedIn Pinterest Email

The federal government will address infrastructure gaps across Canada with billions of dollars in funding over the coming decade, Prime Minister Mark Carney said on Tuesday at a news conference in Brampton, Ont.

Carney used the event to break down how his government plans to dole out $51 billion in the Liberals’ Build Communities Strong Fund. The new pot of money was first announced in the 2025 budget, which became law last month.

Ottawa plans to nearly double the rate of infrastructure investment in Canada over the next eight years compared with the previous eight years, Carney said.

He teased that future announcements are coming on initiatives for skills training and apprenticeships, and urged youth to consider a career to support the infrastructure agenda.

“The next 25, 30 years is going to be a great time to be in the trades, to be an electrician, to be pipe fitter, to be welder, to a plumber, a carpenter and beyond, because we are literally going to build this country,” Carney said.

The Build Communities Strong Fund includes $27.8 billion over the next 10 years for infrastructure such as roads, bridges, water and sewer systems and $6 billion for other major local projects like building retrofits and community centres.

Get daily Canada news delivered to your inbox so you'll never miss the day's top stories.

Get daily National news

Get daily Canada news delivered to your inbox so you’ll never miss the day’s top stories.

Carney’s first announcement under this local stream was $64 million for a new recreation centre and park in Brampton. The federal government announced $300 million in funding for 13 total projects later in the day, more than a third of which will go toward water and wastewater systems underpinning new housing developments in Iqaluit.

The federal government launched a web page Tuesday allowing municipalities and other organizations to apply for new project funding under this stream.


The remaining $17.2 billion in the fund is to be matched by provinces and territories and used to reduce the cost of building new infrastructure and housing. That includes $5 billion over three years to build out health-care facilities such as new emergency departments.

With $6 billion set aside for the province, Ontario will receive the biggest share from the provincial and territorial stream. Quebec will receive $3.6 billion, British Columbia will get $2.2 billion and Alberta will receive $1.9 billion, with hundreds of millions of dollars set aside for the remaining provinces and territories.

Provinces and territories are required to allocate 20 per cent of their funding to rural, Northern and Indigenous communities. Ten per cent of funding through the $6-billion “direct delivery” stream must go to Indigenous-led projects.

The federal government announced an agreement with Ontario last week for a total of $8.8 billion in matching funds to encourage cities to cut development charges. Ontario and Ottawa will also waive the sales taxes on eligible new homes for the next year as part of a total $1.7 billion in funding to provinces and territories to lower homebuilding costs as they see fit.

British Columbia MP Dan Albas, the Conservative critic for transport, criticized the infrastructure fund rollout as “another reannouncement” in a statement Tuesday.

“Conservatives want our infrastructure, homes and health to grow and improve, but the Carney Liberals need to get out of the way and scrap their anti-development laws and unaffordable taxes,” Albas said.

&copy 2026 The Canadian Press

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Manitoba’s Glenn Joyal nominated as new Supreme Court of Canada justice

Expert warns U.S.-Iran deal faces major obstacles after latest Strait of Hormuz closure

Watchdog rejects idea of narrowing information law

Inuit call on Ottawa to be better partners or they will look abroad

‘No secret’ Trump dislikes CUSMA, Carney says after threat to terminate it

Carney says B.C. infrastructure funding to include new Tumbler Ridge school

House of Commons to rise for summer Thursday after passing flurry of bills

Business leaders rally to support Montreal’s bid for defence bank

Gun control groups urge faster ‘protection order’ ineligibility change

Editors Picks

Consider Kingston for high-speed rail stop, Ottawa tells Alto

June 22, 2026

Rod Stewart uses oxygen tank on stage, says he nearly fainted

June 22, 2026

WhatsApp head Will Cathcart is stepping down after seven years

June 22, 2026

Bookmaker.xyz Releases World Cup 2026 Sports Data Insights Report During Tournament Play

June 22, 2026

Latest News

York University’s Lassonde School of Engineering launches first professional master’s degree

June 22, 2026

From One Friendship to a National Movement: Inclusive Momentum and Enabled Talent Announce Partnership to Advance Disability Inclusion Across Canada

June 22, 2026

Onchain Trading Boom Is Exposing a Costly Infrastructure Gap, Bitget Wallet Data Shows

June 22, 2026
Facebook X (Twitter) Pinterest TikTok Instagram
© 2026 Daily Guardian Canada. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Go to mobile version