The National Trade Corridors Fund (NTCF) is part of the Government of Canada’s Transportation and Trade Corridors Initiative. This initiative was created in 2017 for the purpose of spending $10.1 billion (CAD) on transportation investments by 2028. The NTCF was allocated $2 billion (CAD) of that amount, and this $2 billion (CAD) in funding is being used to invest in strategic projects that:
- Support the flow of goods and passengers by reducing bottlenecks, and address capacity issues
- Help the transportation system withstand the effects of climate change and make sure it is able to support new technologies and innovation
- Address the unique transportation needs in Canada's territorial North to improve safety and foster economic and social development
- Build on investments made by a variety of public and private sector partners
- Increase the flow of Canadian trade around the world through ports, airports, roads, railways, intermodal facilities, bridges and border crossings
NTCF funding is available to a wide range of parties, including provincial, territorial, and municipal governments, indigenous groups, non-profits and for-profits, Crown Corporations, Canadian Port Authorities, and airport authorities.
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