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The Public Transit Infrastructure Fund (PTIF) will provide short-term funding of $3.4 billion to help accelerate municipal investments to support the rehabilitation of transit systems, new capital projects, and planning and studies for future transit expansion to foster long-term transit plans.
The PTIF will be largely managed through funding agreements between Canada and each province and territory, which will be responsible for the administration of the programs and may further distribute funds to the eligible recipients for eligible projects. At the request of provinces or territories and at Canada’s discretion, or, in order to ensure flexibility to allow the full amount of funding to flow into the economy quickly, Canada may enter into agreements with the following eligible recipients:
Infrastructure projects in the provinces located partially or entirely on reserve, or on any Crown lands or lands set aside by the Crown that are designated to become reserve lands, may be considered for funding under the PTIF provided that the proponent demonstrates the project is aligned with objectives of the fund and has benefits that extend beyond the on-reserve community.
For the PTIF, infrastructure is defined as publicly or privately owned tangible capital assets in Canada primarily for public use or benefit, as well as planning or feasibility studies to address infrastructure issues or due diligence.
Eligible costs are costs considered by INFC to be direct and necessary for the successful implementation of an eligible project, excluding those explicitly identified in Section 11 – Ineligible Costs. Costs of Aboriginal consultation, and where appropriate, accommodation will be considered eligible.
Eligible costs can be incurred starting April 1, 2016, but can only be reimbursed by INFC subject to the signing of a funding agreement between INFC and the recipient and meeting the conditions outlined in Section 13 – Basis of Payments.
Where federal-provincial/territorial funding agreements are signed, provinces and territories may apply up to 1% of their funding allocation of each program towards program administration costs.
Contact Name: Ashley Bhatia, Director, Public Transportation Policy and Programs, Alberta Transportation or Jacqueline Lee, Senior Policy Advisor, Transit Funding Policy, Alberta Transportation
Phone Number: 1-780-427-9781 or 1-780-643-6700
E-mail Address: ashley.bhatia@gov.ab.ca or jacqueline.lee@gov.ab.ca
Website: https://www.infrastructure.gc.ca/plan/ptif-fitc/ptif-program-programme-eng.html
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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.
