Municipal governments, First Nations councils and other eligible applicants have until Monday, January 12 at 12 p.m. to apply for the first intake of project funding under the Provincial-Territorial Infrastructure Component program (PTIC) of the federal New Building Canada Fund (NBCF).
Providing funding for projects of national, regional and local significance, the PTIC focuses on projects that support economic growth, a clean environment, stronger communities, growth in export and trade, as well as those that meet the opportunities and challenges of growth. There are two application categories: the National and Regional Projects and the Small Communities Fund. Eligible recipients can apply to both funds using the same application form.
Further intakes will be initiated over the course of this 10 year program to allow for additional applications.
Over the next ten years, Saskatchewan will receive $436.7 million from the Government of Canada through PTIC, with $196.5 million for provincial projects and $240.2 million for all other eligible PTIC applicants. Projects will be funded one-third each by the federal government, the provincial government and eligible recipients. The total federal/provincial funding that will be invested in Saskatchewan infrastructure will be more than $870 million.
For more on how to apply to the NBCF, including information on criteria and eligibility, visit www.saskatchewan.ca/government/municipal-administration/funding/programs/nbcf or call 306-787-1262.
