FINANCIAL_SERVICESAPPROVED

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

City Council approved a funding agreement with the Federation of Canadian Municipalities’ Green Municipal Fund to provide $10 million in grant and loan financing for the Century Gardens Youth Hub project. The package includes a $1.3 million grant and an $8.7 million, 20-year development charge–supported loan, replacing previous City funding sources and returning $8.1 million to reserve funds.

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

Trusted by teams at

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
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); return of $8,100,000 to reserve funds; removal of 2026 funding request of $1,900,000
Contract type
FINANCIAL_SERVICES
Contract term
Loan to be repaid over a 20-year amortization period
Renewal
Loan component of $8,695,660 is to be repaid over a 20-year amortization period from future Development Charge revenues; no explicit renewal options noted.
Document type
Minutes
Source document
City of Brampton Minutes City Council Meeting 2026-07-08

Related contracts

Other contracts from Federation of Canadian Municipalities.

View all →

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); return of $8,100,000 to reserve funds; removal of 2026 funding request of $1,900,000.

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); return of $8,100,000 to reserve funds; removal of 2026 funding request of $1,900,000, 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.

View City of Brampton's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free