Federal government allocates over $24 million to New Brunswick

The federal government has transferred $24.27 million to New Brunswick through the Canada Community-Building Fund (CCBF) for the 2024-2025 fiscal year. This initial payment is part of a new CCBF agreement running from 2024 to 2034, under which New Brunswick will receive over $254 million over the next five years.

The CCBF supports various infrastructure projects, including drinking water, wastewater, and public transit. This funding aims to enhance local infrastructure and address community needs.

“The Canada Community-Building Fund will help New Brunswick communities build and revitalize public infrastructure in keeping with priorities such as productivity and economic growth; a clean environment; strong cities and communities; and improved housing supply and affordability,” said Glen Savoie, Minister of Local Government.

This transfer is the first of two payments for the fiscal year.