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The Knowledge Infrastructure Program, a key component of the Government of Canada's Economic Action Plan, was implemented rapidly, to provide significant short-term economic stimulus and help to create jobs in communities across the country by accelerating repairs, maintenance and construction at universities and colleges. In the first nine months following the announcement of funding in budget 2009, Industry Canada designed and launched the program, processed over 950 submissions and committed the entire $ 2 billion program budget toward 536 approved projects at institutions across the country. Funding decisions were announced as agreements were signed with each agreement listing specific projects approved for funding. The chart below indicates the month in which each agreement was signed (some provinces had 2 rounds of announcements and 2 agreements). The graph illustrates the program funding allocated through each agreement.
* In addition to agreements with provinces and territories, which together represented 98.5% of project funding, there were some bilateral agreements signed directly with a few institutions that account for the remaining 1.5% of the budget.
|Monthly Total (millions)||259.1||1,028.2||514.6||52.7||42.5||15.2||60.6|
1 To ensure full transparency the effective roll-out of projects funded under the Knowledge Infrastructure Program, the Government of Canada provides updates on the status of projects to Parliament on a quarterly basis. Return to text
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