A neighbourhood in Markham, Ontario, will be the first net-zero community in Canada to connect all of its houses to a geothermal energy system, a major step toward achieving net-zero emissions by 2050. It’s just one of many innovative projects supported by GMF as we empower Canadian municipalities to take bold steps in addressing climate change, fostering resilience, and advancing sustainability.  

In 2023-24, GMF had our most impactful year yet, as we invested nearly $200 million in local projects and secured more than $820 million in new funding. We’re helping communities across Canada access funding, knowledge and capacity to face the diverse challenges of climate change and environmental sustainability by undertaking innovative, scalable projects that make a real difference. 

Explore GMF’s 2023-24 Annual Report

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