The hydrologic prediction and innovation program funds projects that fall within into the following streams:
- Steam 1: Priority Climate Data, Services, and Assessments
- Stream 2: Flood Hazard Identification and Mapping Program (FHIMP)
- Stream 3: Hydrologic Prediction
- Stream 4: Innovation in Hydrometry
These projects contribute to climate data and information, floodplain mapping, and improving and advancing hydrometric monitoring and hydrologic services in Canada, which further advance climate change adaptation. There is varied amounts of funding and eligibility for each stream.