Broadband Fund Policy Correction - Removal of 25% Reimbursement Provision
Summary
The CRTC issued a correction to Telecom Regulatory Policy 2024-328, removing a provision that would have required the Commission to reimburse up to 25% of conditionally approved broadband funding (capped at $250,000) if a final funding decision was not published for a project. The correction eliminates this reimbursement safeguard, placing full financial risk on applicants proceeding under conditional funding decisions.
What changed
The CRTC removed subsection 6's reimbursement provision that stated: 'If a final funding decision is not published for the project, the Commission will reimburse a maximum of 25% of the total amount of conditionally approved funding, up to $250,000.' This paragraph previously provided a financial safety net for applicants who began projects under conditional approval.
Affected parties include telecommunications companies and internet service providers that have received or may receive conditional broadband funding decisions. These entities now bear complete financial risk for project costs if the Commission does not publish a final favorable funding decision, whereas previously they were guaranteed partial reimbursement up to $250,000. Applicants should carefully evaluate project viability and risk tolerance before proceeding under conditional approval.
What to do next
- Review current conditional broadband funding approvals and assess financial exposure without reimbursement protection
- Update project budgets and risk assessments to account for the removed $250,000 reimbursement cap
- Consult with CRTC on project implementation timelines given increased financial risk
Archived snapshot
Apr 9, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Telecom Regulatory Policy CRTC 2024-328-1
Reference: 2024-328
Gatineau, 9 April 2026
Public record: 1011-NOC2023-0089
Broadband Fund policy review – New policy for funding capital projects – Correction to Appendix 1, Section I, subsection 6
- The Commission is making a correction to one paragraph in Appendix 1, Section I, subsection 6 (Final funding decision – Statement of work approval) of Broadband Fund policy review – New policy for funding capital projects, Telecom Regulatory Policy CRTC 2024-328, 12 December 2024. For ease of reference, the paragraph in question is reproduced below, with the text being removed shown as struck out: Following the publication of the conditional funding decision, the applicant can start implementing its project and accruing project costs at its own risk and expense. ~~If a final funding decision is not published for the project, the Commission will reimburse a maximum of 25% of the total amount of conditionally approved funding, up to $250,000.~~ Secretary General
Date modified:
2026-04-09
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