A $2-billion federal infrastructure fund at the centre of the Conservative government’s 2009 Economic Action Plan was allotted to municipalities in select areas of the country with little apparent oversight, regulation, auditing or attempt to disperse the monies evenly across Canada.
The Municipal Infrastructure Loan Program (MILP) was administered by Canada Mortgage and Housing Corp. on behalf of the federal government. The $2 billion was to provide low-interest loans to help municipalities pay for infrastructure improvements. The program raised eyebrows in March when it was revealed that well over half the fund went to municipalities in Quebec.
The Municipal Infrastructure Loan Program (MILP) was administered by Canada Mortgage and Housing Corp. on behalf of the federal government. The $2 billion was to provide low-interest loans to help municipalities pay for infrastructure improvements. The program raised eyebrows in March when it was revealed that well over half the fund went to municipalities in Quebec.