Projects flow from three broad sources:
- Provincial, territorial, municipal and Indigenous governments;
- the Government of Canada; and
- unsolicited project proposals brought forward by the private sector.
Infrastructure Canada acts as the liaison for federal departments that have potential projects for consideration or projects submitted under other federal cost sharing programs by other orders of government.
Project proponents are encouraged to engage directly with the CIB as they undertake longer-term planning for infrastructure. By doing so, they can access expertise and advice early to determine the bankability of a potential project.
The following diagram outlines the CIB process. Project sponsors are encouraged to take them into consideration as they develop their projects for discussion with CIB.
Two key tests are applied to projects: bankability and public interest. The bankability of potential projects, or whether they have the ability to generate revenue and attract private sector investment, is independently determined by the CIB. The public interest of a project, or whether it is aligned with policy and priorities, is reviewed by CIB along with the Government of Canada.