Government of Canada launches $500 million Canada Community Revitalization Fund

Shared public spaces in villages, towns and cities are at the heart of communities across Canada. Main streets, downtown cores, community and cultural centres, farmers’ markets, libraries, outdoor spaces and other public places draw in residents and visitors alike, supporting local businesses and jobs. In many communities, these spaces have remained empty as Canadians took precautions to stay safe from COVID-19.

The Government of Canada recognizes that Canadian cities and towns flourish when they have community infrastructure to promote social interaction and physical activity, and provide access to recreational programs and facilities. These are integral to our overall well-being as individuals, families and communities.

Our economic recovery is closely linked to the vitality of our local communities and their shared spaces. The new Canada Community Revitalization Fund (CCRF) announced in Budget 2021 provides $500 million over two years to Canada’s regional development agencies (RDAs) to invest in shared and inclusive public spaces, helping to create the conditions and accessibility to stimulate local economies and bring Canadians back together once it is safe to do so.

RDAs now accepting applications
Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, announced that eligible applicants may now submit an application. Applicants that have projects ready to proceed are strongly encouraged to submit their applications by July 23, 2021.

Since the start of COVID-19, Canada’s RDAs have been on the ground providing relief and recovery funding to businesses and business support organizations to help them weather the effects of the pandemic through the $2 billion Regional Relief and Recovery Fund, preserving more than 143,700 jobs.

As public health restrictions ease, the Canada Community Revitalization Fund will aim to further stimulate local economies, create jobs, and improve the quality of life of Canadians by investing in shared spaces to make them safer, greener and more accessible. []

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