The Building Ontario Fund invests and seeks to attract investment in large-scale revenue-generating infrastructure projects within six priority areas.
To address the province’s most immediate infrastructure needs, the Building Ontario Fund is focused on investments in six priority areas: affordable housing, long-term care, energy, transportation, municipal and community infrastructure, and critical minerals. Learn more.
The Building Ontario Fund has developed an investment framework that includes an investment selection process to ensure decision-making prioritizes public benefit and adequately manages risks. If you have a project idea or proposal that meets our investment criteria, please contact us at project@buildingonfund.ca.
The Building Ontario Fund works with trusted institutional investors and Indigenous communities to help them finance qualified large-scale infrastructure across the province.
In contrast, Infrastructure Ontario is focused on public infrastructure procurement and delivery, and Invest Ontario works with domestic and international businesses seeking to expand in the province.
We expect there to be opportunities for the Building Ontario Fund to compliment the work of the other agencies by enabling investments and projects that they are delivering.
Open positions are posted on the Careers section of the website. If you don’t see a role that matches your interests, please check back for updates.
Board members are appointed by the Lieutenant Governor in Council upon the recommendation of the Minister of Finance and will need to have significant financial and infrastructure-related project expertise. Open positions for Ontario public appointments are posted on the Public Appointment Secretariat website.
To receive the latest Building Ontario Fund news, please subscribe to our mailing list.
Critical minerals are a strategic necessity for Ontario’s economy and a strategic priority for the Ontario Government. The role for BOF in the sector is to help de-risk projects that offer enabling infrastructure to this rapidly growing industry, as well as economic participation opportunities for Indigenous partners.
BOF’s role is to make investments in revenue-generating projects that will support enabling infrastructure to the critical minerals sector. These projects could include roads, energy transmission lines, short line rail, ports, and workforce housing.
All projects under consideration must be infrastructure related. BOF will not consider feasibility studies or grants.
Proposals for projects in critical minerals follow the same investment framework as other priority areas. They undergo project intake evaluation and a rigorous selection process to ensure that projects prioritize public benefit and adequately manage risks.
The Indigenous Opportunities Financing Program (IOFP) will be a valuable complement to BOF’s expanded mandate. The IOFP’s scope is being expanded to support Indigenous participation in more sectors, including electricity, critical minerals, resource development, and related infrastructure components. BOF is actively engaging Indigenous partners for their input as we expand IOFP and introduce more Indigenous financing tools.
We are prepared to support enabling infrastructure (e.g. roads, energy transmission lines, short line rail, ports, and workforce housing) to the critical minerals sector. As we mature in the sector, we can look at further opportunities.
