FINANCIAL_SERVICESAPPROVED

City of Brampton Awards Financial Services Contract to Federation of Canadian Municipalities (July 2026)

The City of Brampton approved a revised funding package with the Federation of Canadian Municipalities for the Century Gardens Youth Hub, totaling $10 million through a mix of grant and low-cost loan under the Green Municipal Fund. The $8.7 million loan will be repaid over 20 years from future development charge revenues, allowing previously committed City funds to be returned to reserves.

Status
APPROVED
Document date
July 8, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Federation of Canadian Municipalities
Agency
City of Brampton · Canada

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$10,000,000 (grant of $1,304,340 and loan of $8,695,660)
Contract type
FINANCIAL_SERVICES
Contract term
Loan to be repaid over a 20-year amortization period
Renewal date
2046-12-31
Renewal
One-time Green Municipal Fund grant and 20-year development charge supported loan; no renewals specified.
Document type
Minutes
Source document
City of Brampton Minutes City Council Meeting 2026-07-08

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Brampton?

Federation of Canadian Municipalities was awarded this financial services contract by City of Brampton, as recorded on July 8, 2026. The contract value is $10,000,000 (grant of $1,304,340 and loan of $8,695,660).

How much is the Federation of Canadian Municipalities contract with City of Brampton worth?

The Federation of Canadian Municipalities contract with City of Brampton is valued at $10,000,000 (grant of $1,304,340 and loan of $8,695,660), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Brampton Minutes City Council Meeting 2026-07-08 (Minutes), dated July 8, 2026 from City of Brampton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Federation of Canadian Municipalities hold?

Federation of Canadian Municipalities may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Federation of Canadian Municipalities's profile

What is City of Brampton currently buying?

Explore City of Brampton's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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