Funding narrative — Q2

v14

Program delivery — reporting period two

A. Point — confirm the allocation figure

Records/Funding

Locked for review — version history retained

what it covers

Assessing a developer or vendor.

Counterparty and instrument, interconnection position, tenancy and capitalization, equity structure, water and land footprint, employment claims and vendor data handling. Seven sub-modules, ending in a vetting checklist and a one-page red-flag card. Majority ownership is asserted in every announced Canadian project and explained in none of them.

01

Rank the instruments

What an expression of interest, a letter of intent, an option and a lease each commit you to.

02

Verify the interconnection position

Whether a claimed interconnection position exists, and in whose name it is held.

03

Identify the equity structure

Purchased, carried or debt-financed, established by three questions a letter of intent rarely answers.

04

Interrogate the vendor responses

Three unacceptable answers found in a vendor response, and the contract clause that corrects each one.

the sub-modules

Sub-modules.

Each one stands alone: a cold open on a real document, five to eight minutes of teaching, one activity on your own material, and five graded items.

Counterparties and instruments

Who is approaching, and what an expression of interest, a letter of intent, an option and a lease each foreclose.

Counterparties and instruments

Who is approaching, and what an expression of interest, a letter of intent, an option and a lease each foreclose.

Power procurement and interconnection

Whether a developer can actually energize the facility, and where your participation carries scoring weight.

Tenant, capitalization and structure

Whether the facility has a customer, and whether the project has money.

continued

Sub-modules, continued.

The remaining sub-modules turn the reading skills on equity, resources, employment and the software layer.

Allocations FY2026

Sheet 1

Programme

Budget

Committed

Housing

412,000

388,140

Lands & Resources

260,500

191,220

Health services

305,000

305,000

Education

178,400

96,850

Total

1,155,900

981,210

Figures drawn from live records — no re-entry

Equity structures

Purchased, carried or debt-financed, and the three questions that establish which one is on the table.

Water, land, noise and thermal impact

The footprint calculated from stated capacity and cooling design, and the disclosures that verify it.

Employment and labour schedules

Construction phase against operating phase, and what turns a commitment into an enforceable schedule.

Software and AI vendor assessment

Sub-processors, training use, export format and deletion certification, and a written definition of any sovereignty claim.

the take away

What the learner keeps.

Every sub-module ends in a downloadable written to be usable by someone who has not taken the course.

Vetting checklist

The whole diligence sequence in one document, written for use by a Council that has not taken the course.

module artifact

Red flag card

The signals that stop a process, short enough to sit in front of someone during a meeting.

take away

Module credential

Sub-modules are individually completable and individually badged, and all ten modules make the credential.

badged