Large building retrofits are on the list of projects potentially eligible for the Canadian government’s pending Build Communities Strong Fund. The newly released federal budget promises $51 billion over 10 years for three streams of infrastructure investment, set to begin flowing in 2026-27.

That includes $27.8 billion for municipal projects, $17.2 billion for provincial/territorial initiatives and $6 billion for “regionally significant” projects that also have private sector backing. Large building retrofits, community infrastructure and climate adaptation projects could all meet the definition of regionally significant, the budget document indicates.

“Proponents of regionally significant projects would be required to seek private sector investment, including private investment leveraged through Canada Infrastructure Bank financing, before being eligible for funding under this stream,” it states.