diff --git a/src/dfx/src/commands/canister/install.rs b/src/dfx/src/commands/canister/install.rs
index f98dd492fe..fde7a91237 100644
--- a/src/dfx/src/commands/canister/install.rs
+++ b/src/dfx/src/commands/canister/install.rs
@@ -1,3 +1,4 @@
+use crate::config::dfinity::ConfigInterface;
 use crate::lib::canister_info::CanisterInfo;
 use crate::lib::environment::Environment;
 use crate::lib::error::{DfxError, DfxResult};
@@ -71,7 +72,6 @@ pub fn construct() -> App<'static, 'static> {
             Arg::with_name("memory-allocation")
                 .help(UserMessage::InstallMemoryAllocation.to_str())
                 .long("memory-allocation")
-                .default_value("8GB")
                 .takes_value(true)
                 .validator(memory_allocation_validator),
         )
@@ -96,6 +96,36 @@ fn memory_allocation_validator(memory_allocation: String) -> Result<(), String>
     Err("Must be a value between 0..256 TB inclusive.".to_string())
 }
 
+fn get_compute_allocation(
+    args: &ArgMatches<'_>,
+    config_interface: &ConfigInterface,
+    canister_name: &str,
+) -> DfxResult<Option<ComputeAllocation>> {
+    Ok(args
+        .value_of("compute-allocation")
+        .map(|v| v.to_string())
+        .or(config_interface.get_compute_allocation(canister_name)?)
+        .map(|arg| {
+            ComputeAllocation::try_from(arg.parse::<u64>().unwrap())
+                .expect("Compute Allocation must be a percentage.")
+        }))
+}
+
+fn get_memory_allocation(
+    args: &ArgMatches<'_>,
+    config_interface: &ConfigInterface,
+    canister_name: &str,
+) -> DfxResult<Option<MemoryAllocation>> {
+    Ok(args
+        .value_of("memory-allocation")
+        .map(|v| v.to_string())
+        .or(config_interface.get_memory_allocation(canister_name)?)
+        .map(|arg| {
+            MemoryAllocation::try_from(u64::try_from(arg.parse::<Bytes>().unwrap().size()).unwrap())
+                .expect("Memory allocation must be between 0 and 2^48 (i.e 256TB), inclusively.")
+        }))
+}
+
 pub fn exec(env: &dyn Environment, args: &ArgMatches<'_>) -> DfxResult {
     let config = env
         .get_config()
@@ -107,16 +137,7 @@ pub fn exec(env: &dyn Environment, args: &ArgMatches<'_>) -> DfxResult {
         .get_agent()
         .ok_or(DfxError::CommandMustBeRunInAProject)?;
 
-    let compute_allocation = args.value_of("compute-allocation").map(|arg| {
-        ComputeAllocation::try_from(arg.parse::<u64>().unwrap())
-            .expect("Compute Allocation must be a percentage.")
-    });
-
-    let memory_allocation: Option<MemoryAllocation> =
-        args.value_of("memory-allocation").map(|arg| {
-            MemoryAllocation::try_from(u64::try_from(arg.parse::<Bytes>().unwrap().size()).unwrap())
-                .expect("Memory allocation must be between 0 and 2^48 (i.e 256TB), inclusively.")
-        });
+    let config_interface = config.get_config();
 
     let mode = InstallMode::from_str(args.value_of("mode").unwrap())?;
 
@@ -134,6 +155,9 @@ pub fn exec(env: &dyn Environment, args: &ArgMatches<'_>) -> DfxResult {
         let arg_type: Option<&str> = args.value_of("type");
         let install_args = blob_from_arguments(arguments, arg_type, &init_type)?;
 
+        let compute_allocation = get_compute_allocation(args, config_interface, canister_name)?;
+        let memory_allocation = get_memory_allocation(args, config_interface, canister_name)?;
+
         runtime.block_on(install_canister(
             env,
             &agent,
@@ -154,6 +178,11 @@ pub fn exec(env: &dyn Environment, args: &ArgMatches<'_>) -> DfxResult {
 
                 let install_args = [];
 
+                let compute_allocation =
+                    get_compute_allocation(args, config_interface, canister_name)?;
+                let memory_allocation =
+                    get_memory_allocation(args, config_interface, canister_name)?;
+
                 runtime.block_on(install_canister(
                     env,
                     &agent,
diff --git a/src/dfx/src/config/dfinity.rs b/src/dfx/src/config/dfinity.rs
index 847ec7b819..822ab74828 100644
--- a/src/dfx/src/config/dfinity.rs
+++ b/src/dfx/src/config/dfinity.rs
@@ -261,6 +261,38 @@ impl ConfigInterface {
 
         Ok(canister_names)
     }
+
+    pub fn get_compute_allocation(&self, canister_name: &str) -> DfxResult<Option<String>> {
+        self.get_initialization_value(canister_name, "compute_allocation")
+    }
+
+    pub fn get_memory_allocation(&self, canister_name: &str) -> DfxResult<Option<String>> {
+        self.get_initialization_value(canister_name, "memory_allocation")
+    }
+
+    fn get_initialization_value(
+        &self,
+        canister_name: &str,
+        field: &str,
+    ) -> DfxResult<Option<String>> {
+        let canister_map = (&self.canisters).as_ref().ok_or_else(|| {
+            DfxError::InvalidConfiguration("No canisters in the configuration file.".to_string())
+        })?;
+
+        let canister_config = canister_map
+            .get(canister_name)
+            .ok_or_else(|| DfxError::CannotFindCanisterName(canister_name.to_string()))?;
+
+        canister_config
+            .extras
+            .get("initialization_values")
+            .and_then(|v| v.get(field))
+            .map(String::deserialize)
+            .transpose()
+            .map_err(|_| {
+                DfxError::InvalidConfiguration(format!("Field {} is of the wrong type", field))
+            })
+    }
 }
 
 fn add_dependencies(
@@ -600,4 +632,53 @@ mod tests {
             })
         );
     }
+
+    #[test]
+    fn get_correct_initialization_values() {
+        let config = Config::from_str(
+            r#"{
+              "canisters": {
+                "test_project": {
+                  "initialization_values": {
+                    "compute_allocation" : "100",
+                    "memory_allocation": "8GB"
+                  }
+                }
+              }
+        }"#,
+        )
+        .unwrap();
+
+        let config_interface = config.get_config();
+        let compute_allocation = config_interface
+            .get_compute_allocation("test_project")
+            .unwrap()
+            .unwrap();
+        assert_eq!("100", compute_allocation);
+
+        let memory_allocation = config_interface
+            .get_memory_allocation("test_project")
+            .unwrap()
+            .unwrap();
+        assert_eq!("8GB", memory_allocation);
+
+        let config_no_values = Config::from_str(
+            r#"{
+              "canisters": {
+                "test_project_two": {
+                }
+              }
+        }"#,
+        )
+        .unwrap();
+        let config_interface = config_no_values.get_config();
+        let compute_allocation = config_interface
+            .get_compute_allocation("test_project_two")
+            .unwrap();
+        let memory_allocation = config_interface
+            .get_memory_allocation("test_project_two")
+            .unwrap();
+        assert_eq!(None, compute_allocation);
+        assert_eq!(None, memory_allocation);
+    }
 }
diff --git a/src/dfx/src/lib/operations/canister/deploy_canisters.rs b/src/dfx/src/lib/operations/canister/deploy_canisters.rs
index b1f0ae138f..375804cd61 100644
--- a/src/dfx/src/lib/operations/canister/deploy_canisters.rs
+++ b/src/dfx/src/lib/operations/canister/deploy_canisters.rs
@@ -8,9 +8,11 @@ use crate::lib::models::canister_id_store::CanisterIdStore;
 use crate::lib::operations::canister::create_canister;
 use crate::lib::operations::canister::install_canister;
 use crate::util::{blob_from_arguments, get_candid_init_type};
+use humanize_rs::bytes::Bytes;
 use ic_agent::AgentError;
-use ic_utils::interfaces::management_canister::InstallMode;
+use ic_utils::interfaces::management_canister::{ComputeAllocation, InstallMode, MemoryAllocation};
 use slog::{info, warn};
+use std::convert::TryFrom;
 use std::time::Duration;
 use tokio::runtime::Runtime;
 
@@ -124,8 +126,23 @@ fn install_canisters(
         let init_type = maybe_path.and_then(|path| get_candid_init_type(&path));
         let install_args = blob_from_arguments(argument, argument_type, &init_type)?;
 
-        let compute_allocation = None;
-        let memory_allocation = None;
+        let config_interface = config.get_config();
+        let compute_allocation =
+            config_interface
+                .get_compute_allocation(canister_name)?
+                .map(|arg| {
+                    ComputeAllocation::try_from(arg.parse::<u64>().unwrap())
+                        .expect("Compute Allocation must be a percentage.")
+                });
+        let memory_allocation = config_interface
+            .get_memory_allocation(canister_name)?
+            .map(|arg| {
+                MemoryAllocation::try_from(
+                    u64::try_from(arg.parse::<Bytes>().unwrap().size()).unwrap(),
+                )
+                .expect("Memory allocation must be between 0 and 2^48 (i.e 256TB), inclusively.")
+            });
+
         let result = runtime.block_on(install_canister(
             env,
             &agent,