Under the terms of federal funding outlined in Sohi’s letters, provinces will have to publicly report on the environmental and employment benefits from any project. The $33 billion is part of $81.2 billion in the Liberals long-term infrastructure program that Sohi specifically oversees, with the remainder to be doled out under the watchful eyes of two other ministers and the soon-to-be-created federal infrastructure bank. None of the money can flow to projects without funding agreements in place with provinces. Federal dollars will cover up to half the cost of provincial projects, and 75 per cent for Indigenous projects. Territories and their cities will be eligible to have up to 75 per cent of project costs covered by Ottawa.

Source: National Post July 06, 2017 07:52 UTC