An Update on the Canada Housing Infrastructure Fund

The Canada Housing Infrastructure Fund (CHIF) is allocated $5.7 billion over 10-years. Funding ramps up over 6 years, reaching a peak of $972 million in planned spending in 2029-30. Funding was initially allocated primarily to the provincial and territorial agreements stream. However, agreements have not yet been signed with three of Canada’s largest provinces and if agreements are not signed, the $3.0 billion in HICC funding allocated for these provinces would be reallocated to the direct delivery stream. The CHIF is just one of a wide range of transfer payments to sub-national government to support infrastructure.