HAY RIVER, NT, Sept. 8, 2025/ CNW/ – The Federal government of Canada is providing over $ 18.7 million to the Northwest Territories this year to produce neighborhoods that are more powerful and more linked.
Our neighborhoods can just grow to support more real estate when there are financial investments in fundamental facilities jobs– like public transit, water supply, and regional roadways and bridges. With today’s statement, that is precisely what the Federal government of Canada is providing on.
With the financing revealed today, neighborhoods can construct the important and leisure facilities that permits households in Canada to flourish.
For instance, in the Town of Norman Wells, $ 1.2 million is moneying the replacement of the aging water pipe. This is reinforcing the Town’s water circulation system, which will assist avoid leakages and make sure safe, trustworthy drinking water circulation for several years to come. This job enhances important facilities that homeowners count on every day.
The Canada Community-Building Fund offers neighborhoods with the versatility to tactically resolve present and future facilities requirements.
Estimates
” Structure Canada strong starts with structure strong neighborhoods. This financial investment will increase important facilities jobs and is simply among the methods we’re assisting neighborhoods in Northwest Territories advance their top priorities and supporting long-lasting development.”
The Honourable Rebecca Alty, Minister of Crown-Indigenous Relations
” Keeping our homeowners safe and supported is constantly our leading concern. Reacting successfully to obstacles needs strong collaborations in between neighborhood federal governments, Native federal governments, the Federal government of Canada, and the GNWT. I wish to thank everybody dealing with the ground for their commitment to developing durable and safe neighborhoods. Together, we are making certain that the requirements of homeowners are satisfied which our neighborhoods stay strong and all set for emergency situations.”
Minister Vince McKay, Minister of Municipal and Neighborhood Affairs, Federal Government of the Northwest Territories
Quick truths
- The Canada Community-Building Fund (CCBF) will provide $ 26.7 billion in between 2024-2034 in federal financing to catalyse core facilities financial investments. In 2025-26, the CCBF will offer $ 2.5 billion to 3,700 neighborhoods throughout Canada to support regional facilities top priorities.
- In 2025-26, the Northwest Territories will get $ 18,750,000 to make tactical facilities financial investments throughout 19 job classifications. Given that 2015, the federal government has actually invested $ 26.6 billion throughout Canada through CCBF, consisting of more than $ 199.6 million in Northwest Territories neighborhoods.
- The CCBF is a long-term, indexed source of financing offered to provinces and areas, who in turn circulation this financing to city governments and other entities to support regional facilities top priorities.
- The CCBF ties access to moneying to actions by provinces, areas, and towns to support facilities jobs that assist increase real estate supply and construct linked neighborhoods.
Associated Products
Backgrounder: Federal Government of Canada reveals over $ 18.7 million in assistance for the Northwest Territories to construct strong neighborhoods
Associated Hyperlinks
Canada Community-Building Fund
Resolving the Real Estate Crisis: Canada’s Real Estate Strategy
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SOURCE Department of Real Estate, Facilities and Neighborhoods