National Trade Corridors Fund – Transport Canada (2022)

ByMaurice

Description:

National Trade Corridors Fund provides funding for infrastructure projects in Canada, including work to airports, ports, rail yards, transportation facilities and access roads.

Comments on Funding:

Increasing the Fluidity of Canada’s Supply Chains:

  1. Funding is up to 50% of the total eligible expenditures for a project, to a maximum of $500 million per project.
  2. Total Canadian government funding is up to 100% of total eligible expenditures for any project.

Check the specific details of each call for proposals

Eligibility:

Applicants must be:

  • Provinces and territories, municipalities and local, regional, provincial and territorial entities
  • Indigenous governments, tribal councils and other forms of regional government, national or regional Indigenous organizations or development corporations
  • Public sector organizations
  • Federal crown corporations or agencies
  • Not-for-profit and for-profit private sector organizations
  • Canada port authorities,
  • National Airport Systems airport authorities,
  • Universities and colleges

Applications Steps:

Documentation Needed:

Applicants must:

  • Submit an expression of interest, 
  • A comprehensive project proposal, if invited (if their expression of interest meets the essential assessment criteria and is deemed successful by Transport Canada).

Other Things to Note:

  • NTCF funding is spread out over 11 years, ending March 31, 2028. 
  • A new NTCF call for proposals was launched on December 9, 2021 – Increasing the fluidity of Canada’s supply chains.

About the author

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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