Brownfield Renewal Funding in BC

iStock_000009443939XSmallBrownfield redevelopment can come up against numerous challenges not the least of which is financing. In BC the provincial government has initiated a Brownfield Renewal program to assist with the cost of assessment and remediation of suitable sites.

The program may be used for

  • Preliminary Site Investigations, up to 85% of eligible project costs or $40,000
  • Detailed Site Investigations, up to 70% of eligible project costs or $125,000
  • Other environmental investigations or related environmental activities, up to 50%,or $125,000

Applications for this program are made to the Ministry Transportation and Infrastructure and may be used by

  • local governments;
  • non-profit organizations;
  • First Nations;
  • private corporations or individuals who own the land for which the application is being made; and,
  • private corporations or individuals who have been authorized (in writing) by the owner of the land.

 

In addition to the provincial funding program the following federal programs may provide funding assistance for portions of Brownfield projects.

 

The Environmental Damages Fund (EDF) follows the Polluter Pays Principle to help ensure that those who cause environmental damage or harm to wildlife take responsibility for their actions. Funds for this program are received through fines, court order and voluntary action. Restoration is given the highest priority for funding under this program which includes Environmental Quality Improvement, Research and Development and Education and Awareness

 

EcoAction Community Funding Program encourages projects that will protect, rehabilitate or enhance the natural environment, and build the capacity of communities to sustain these activities into the future. This program supports projects that address concerns with air pollutants, water contaminations, climate change, habitat, and biodiversity.

 

Build Canada Program from Infrastructure Canada provides funding for Core National Highway System, Drinking Water, Wastewater, Public Transit and Green Energy. The goals of the program is to a provide a "stronger economy, a cleaner environment, and better communities, while addressing local and regional infrastructure needs"


Federal Contaminated Sites Program provides support for sites that are the responsibility of the Canadian federal government.

 

What is a Brownfield?

“Brownfields are defined as “abandoned, vacant, derelict or underutilized commercial or industrial properties where past actions have resulted in actual or perceived contamination and where there is an active potential for redevelopment”. Victoria's Dockside Green and Vancouver’s Pacific Place are two examples of internationally recognized Brownfield redevelopment projects.” ~ http://www.brownfieldrenewal.gov.bc.ca

 

Fun Fact

“British Columbia has an estimated 4,000 to 6,000 brownfield sites, which are often in or near communities. Examples include:

Contact us with questions or to discuss upcoming projects