Who is targeted by the CAF?

• Small- and medium-sized enterprises, excluding retail enterprises.
• Non-profit organizations.
• Aboriginal bands.

How can I submit my project proposal?

To submit a project proposal, you must contact an advisor at the Business Office serving your region. Once your project has been deemed eligible, the advisor assigned to your file will send you a form.

See further instructions on how to submit a financial assistance application.

Which types of projects ar sought?

Projects sought are those carried out in targeted communities hard hit by the current economic situation, with a population of less than 250,000.

Projects must meet the following criteria:

• they must contribute to creating and maintaining jobs in the immediate term;
• they must be started quickly;
• they must be completed by March 31, 2011;
• they must contribute to generating positive environmental or economic impacts.

Which projects are not targeted?

• Projects whose costs can be funded through other Canada’s Economic Action Plan initiatives.
• Projects that run counter to Canada’s obligations under the Softwood Lumber Agreement with the United States.

Outcomes

Projects supported by the Community Adjustment Fund will enable targeted communities to create and maintain jobs.

The success of the Fund will be measured in particular by the:

• number of projects or initiatives generated;
• value of investment generated in enterprises or communities;
• number of jobs created and maintained;
• number of enterprises created, maintained and developed;
• number of communities whose situation has improved.

What funding is offered?

For SMEs, financial assistance will take the form of a contribution, generally repayable, of up to 75% of project costs. For non-profit organizations and Aboriginal bands, financial assistance will take the form of a contribution, generally non-repayable, of up to 90% of project costs.