Canadian Federal Sport & Recreation Infrastructure Funding
The 2009 Federal Budget outlines provisions for addressing the infrastructure deficit in sport and recreation through the new Recreation Infrastructure Canada (RInC) Fund.
The RInC Fund provides $500 million over two years to support construction of new community recreational facilities and upgrades to existing facilities. The initiative will support up to 50 per cent of the total cost. To be eligible, projects must be “shovel ready.” Plans should be in place soon for evaluation, and should be able to be initiated within ten months.
For more information on this initiative and how funds will be administered in Alberta, please visit the Western Economic Diversification website at www.wd.gc.ca/eng/home.asp.
http://www.sportmatters.ca/Images/2009%20Folder/Budget%202009/PRO_Budget_press%20release.htm
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