Definition of BCF Eligible Categories


BCF Eligible Categories means those categories identified in Subsection 1.3 of Schedule A and, for the purposes of Subsection 3.5, the categories described in Subsection 3.5.2 and 3.5.3; “Building Canada Plan” means the Government of Canada’s new $33 billion Building Canada plan established under Budget 2007; “Community” means, an entity that has the legal status of a local government pursuant to provincial legislation in Prince Edward Island and includes Prince Edward Island on behalf of unincorporated areas with a population of less than 100,000; “Communities Component” means the infrastructure funding component under the BCF dedicated to funding projects located in Communities, described in subsection 3.4 of this Agreement; “Communities Funding Agreement” means the contribution agreement for the Communities Component to be negotiated between Canada and Prince Edward Island; “Eligible Costs” means project costs eligible for funding pursuant to Treasury Board Approvals; “Eligible Recipients” means, in the case of the Major Infrastructure Component, the Communities Component and the Base Funding initiative, the recipients identified in subsections 1.1, 1.2 and 2.1, respectively, in Schedule A; “Federal Minister” means the Minister of Transport, Infrastructure and Communities, in his capacity as minister responsible for infrastructure; “Fiscal Year” means the period beginning April 1 of a year and ending March 31 of the following year; “Infrastructure Framework Committee” or “IFC” is the committee, as created pursuant to Section 7 hereof; “Local and Community Priority Categories” means the project categories described in Subsection 1.3.2 of Schedule A hereto; “Major Infrastructure Component” means the infrastructure funding component further described in Subsection 3.3 of this Agreement; “Ministers” means the Federal Minister and the Provincial Minister; “National Priority Categories” means the project categories described in Subsection 1.3.1 of Schedule A hereto; “Party” means Canada or Prince Edward Island and “Parties” means both Canada and Prince Edward Island; - 3 -