Grants and Contributions:

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Agreement Number:

Agreement Value:

$62,500,000.00

Agreement Date:

Mar 19, 2018 -

Organization:

Natural Resources Canada

Location:

OTTAWA ONTARIO, CA

Reference Number:

GC-2018-Q4-06849

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Additional Information:

Two or more departments or agencies are involved in the funding of and/or the awarding of a particular grant or contribution award.

Recipient's Legal Name:

FEDERATION OF CANADIAN MUNICIPALITIES FCM GREEN MUNICIPAL FUND

Program Purpose:

The purpose of the Agreement is to enhance the Green Municipal Fund (GMF), an investment-driven revolving fund managed by the Federation of Canadian Municipalities (FCM), with an additional $125 million from Budget 2016 ($62.5 million from Natural Resources Canada and $62.5 million from Environment and Climate Change Canada). With this additional funding, the value of the GMF will increase to $625 million in federal funding. GMF supports environmental projects through loans, grants and knowledge services for plans, feasibility studies, pilot projects, and capital projects while maintaining the nominal value of $625 million in perpetuity. These funds support innovative municipal environmental projects in five areas: brownfields; energy; transportation; waste; and water.