Government of Canada Launches $1-Billion Community Adjustment Fund

May 15, 2009

Northern Development is pleased to advise that Western Economic Diversification is now accepting applications to the Community Adjustment (CAF) Fund Program. Direct website links for program information and application forms are provided below.

Intake Deadlines

Program Overview
http://www.wd-deo.gc.ca/eng/11269.asp

 



About the Community Adjustment Fund

The Community Adjustment Fund (CAF) will provide $1 billion over two years to address the short-term economic needs of Canadian communities impacted by the global recession. The national fund will provide an economic stimulus by supporting projects that create jobs and maintain employment in and around communities that have experienced significant job losses and lack alternative employment opportunities.

CAF is part of Canada’s Economic Action Plan, the Government of Canada’s plan to ensure a quick recovery from the current economic downturn. By focusing on the creation of short-term employment to support communities and the sectors that contribute to their viability, CAF will play a distinctive role in relation to other economic stimulus measures included in Canada’s Economic Action Plan.

Western Economic Diversification Canada (WD) will implement the fund in the four western provinces, investing $306 million to help communities reduce the short-term impacts of the economic downturn. The primary goal of CAF is immediate job creation.

What is the status of the Community Adjustment Fund?

Applications for the CAF program are now being accepted and are due by June 5, 2009. Projects needing more time to be developed must be submitted by June 26, 2009. Consistent with the Government of Canada’s commitment to taking swift action to stimulate Canada’s economy, WD will review and respond to applications as quickly as possible.

What kinds of projects are eligible for funding?

Projects funded under CAF must:

In addition, priority will be given to projects in and around eligible communities that:

Projects that cannot be supported under CAF include:

Who is eligible to apply for project funding?

Entities eligible to apply for funding under CAF include:

* Contributions to for-profit organizations may be made on a repayable basis.

How will projects be assessed?

Priority will be given to projects in and around eligible communities that:

Applications from eligible communities will be assessed against the priority criteria listed above.

What costs are eligible?

In order to be eligible for CAF funding, costs incurred by recipients must be reasonable, incremental and directly attributable to activities necessary to achieve desired results. Examples of eligible costs include:

Reasonable expenses, are those that are necessary for completion of the project. Only costs that are directly related to the eligible activities will be allowed.

How do I apply?

The application form is available electronically and can be completed and printed online.

There are two deadlines for applications, June 5 and June 26, 2009. Projects received by June 5 may be reserved for consideration following the June 26 deadline. No more than 50 per cent of available funds will be allocated to proposals received by the June 5 deadline.

Who can I contact for more information?

If you have further questions about the fund, you may contact Western Economic Diversification directly by email, telephone, fax, or mail.

Western Economic Diversification Canada
Toll Free: 1 888 338-WEST (9378)
Teletypewriter (TTY): 1 877 303-3388
Email:
caf-fac@wd-deo.gc.ca

WD British Columbia
700 – 333 Seymour Street
Vancouver, BC V6B 5G9
Phone: (604) 666-6256
Toll Free: 1 888 338-WEST (9378)
Teletypewriter (TTY): 1 877 303-3388
Fax: (604) 666-2353
Email: bc-cb.caf-fac@wd-deo.gc.ca

 

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