Universal Broadband Fund will not be renewed as Canada approaches connectivity goal: industry source

The Liberals launched the fund in 2020 with $3.225-billion for projects bringing fibre or fixed wireless internet access to rural and remote communities. 'There will be … no money in the budget to fund an expansion of the program or another call for proposals,' an industry veteran told The Wire Report.
Secretary of State for Rural Development Buckley Belanger said some Universal Broadband Fund projects 'will be leveraging satellite technologies.' He reiterated federal plans to reach 100 per cent high-speed internet coverage by 2030, but said 'closing that last mile will take time' and 'requires real partnership.'

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