The $14 billion New Building Canada Fund was launched in April but critics say it has not been clear how to get some of the money and that has delayed the start of building projects this year.

Yesterday finance minister Joe Oliver insisted the program is “open for business and the money is rolling out.”

He said that dozens of projects have already been announced but local officials need to submit their plans; Ontario for example hasn’t put forward their project proposals so far.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate


More market watch: