Quebec City — The governments of Canada and Quebec announce the signing of the Agreement for the Canada Community-Building Fund (CCBF) for the 2024-2034 period. Under this agreement, Quebec will receive more than $2.8 billion in CCBF funding over the next five years, including $535 million for the 2024-2025 fiscal year, helping municipalities address local infrastructure priorities.
Announced by Sean Fraser, Minister of Housing, Infrastructure and Communities, Pablo Rodriguez, Minister of Transport and Quebec Lieutenant, and Eric Girard, Quebec’s Minister of Finance, this investment will support communities across Quebec to plan, construct and revitalize their core public infrastructure. The CCBF will help carry out infrastructure projects that strengthen the well-being of residents.
The Canada Community-Building Fund supports infrastructure projects. It also provides communities with predictable and flexible funding across 19 different project categories, including: drinking water, wastewater, public transit and community energy systems, which are necessary to reduce the housing needs presented in the Regional portraits of housing in Quebec.
“With the renewal of the Canada Community-Building Fund, we’re giving Quebec communities the flexibility they need to commit to crucial infrastructure projects. In a context of housing crisis, CCBF-supported projects will continue to play an important role in the accessibility and expansion of Quebec’s housing supply. We remain committed to working closely with the Quebec government to overcome the housing challenges we face.” – Sean Fraser, Minister of Housing, Infrastructure and Communities
“Investing in our infrastructure is a concrete investment in the well-being of our residents. With the renewal of this agreement, our cities will have the funds and flexibility they need to continue their development and ensure that Quebecers can count on infrastructure that meets their needs. We continue to deliver for Quebecers through investments that make a real difference to their everyday lives.” – Pablo Rodriguez, Minister of Transport and Quebec Lieutenant