Questions asked about CMHC-administered fund

Questions have been asked about the distribution of funds for municipal infrastructure projects administered by the Canada Mortgage and Housing Corporation. The $2 billion loan program MILP was part of the federal government’s Canada Economic Action Plan and was designed to fund municipal infrastructure plans across the country. In March it was revealed that Quebec and Ontario received more than 86 per cent of the fund and last week it emerged that some of the projects granted funds were not eligible. The Ottawa Citizen says that the opposition are asking why two-thirds of municipalities did not benefit from the program and questioned its accountability. The CMHC says that 94 per cent of applicants were granted funds. 
 

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