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. To qualify for financing, projects must meet the criteria outlined on this page. After an initial review to determine eligibility, projects will then continue through our investment process. All investment decisions will require approval from our Board of Directors.
The first step in our project selection process is an assessment of the proposal to ensure it meets all criteria listed:
Located in Ontario and in a priority sector
Large-scale infrastructure, with BOF investment typically in the range of $100M and above, or $50M and above for projects that advance community and economic wellbeing for Indigenous communities
Revenue-generating
Building Ontario Fund investment needed for the project to proceed
Includes or will attract external capital, prioritizing Canadian investors
Seeking investment support (loan/equity/guarantee)
In the public interest
Due diligence includes Financial/fiscal, public benefit, risk, and compliance assessments, and a review of additional considerations such as concentration risk, portfolio allocation, and support for Indigenous communities.
The Building Ontario Fund will consider investments in projects that fall within one of the priority areas:
Contact us to submit a project proposal: project@buildingonfund.ca
