Supply chain, wildfire and even landlord and community support problems have plagued some broadband projects in the province.
Posts tagged as “universal broadband fund”
The bank said internet service providers are less hesitant for loans, as Bell sought some this summer for its Universal Broadband Fund projects.
Broadband projects funded by the rapid response stream version of the $2.75-billion Universal Broadband Fund were supposed to be completed and providing service by November 15.
The department managing telecommunications grants recommended offloading financial approvals and, in cases of political conflicts of interest, project selection to subordinates.
The two telecom giants are requesting nearly $1.15 billion from the Universal Broadband Fund, which has attracted 1,900 applications worth $10.5 billion.
Innovation Canada said it has received 576 applications for the rapid response part of the Universal Broadband Fund.
Money allocated for the Connect to Innovate broadband program is getting held up, as the program is mired by delays and slow build-outs.
Universal Broadband Fund will favour applicants who share their own infrastructure with third parties
The fund's guidelines include opening existing passive infrastructure, paid for with private money, to third parties as an incentive for federal dollars.