The Major Infrastructure Component of the Building Canada Fund targets larger, strategic projects of national and regional significance.
Through Canada's Economic Action Plan, the federal government aims, over the next five years, to complete upgrading the Trans-Canada Highway from two to four lanes in Banff National Park.
The Fund recognized the unique infrastructure needs of Canada's smaller communities and focused on projects that met environmental, economic and quality of life objectives.
Through Canada's Economic Action Plan, the federal government provided $90 million over five years (2009-14) for the Strategic Investments in Northern Economic Development program.
The Standards Council of Canada is a Crown corporation that helps to promote Canada's economic growth through the pursuit of efficient and effective standardization.
Budget 2011 announced the alignment of the deduction rates for tax purposes for intangible capital expenses in oil sands projects with the rates applicable in the conventional oil & gas sector.