The federal government has transferred more than $33 million to Saskatchewan under the Canada Community-Building Fund (CCBF) for the first payment of the 2024-2025 fiscal year.
The fund transfer announced on Sept. 4 will help communities across the province invest in their local infrastructure priorities.
This is the first of two payments to Saskatchewan for this fiscal year. The next payment is expected to be made prior to the end of the fiscal year.
This agreement runs from 2024-2034, and under it Saskatchewan will receive more than $350 million over the next five years, including $66 million this fiscal year.
CCBF provides communities with predictable and flexible funding across 19 different project categories, including drinking water, wastewater, public transit, and community energy systems, and helps them develop the required infrastructure for future housing developments.
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