The Ontario government is providing $9,624,788 for the County of Simcoe, the Township of Oro-Medonte, the Town of Innisfil, and the Township of Springwater to help build and repair local infrastructure. This investment is part of the government’s plan to build Ontario by getting shovels in the ground on critical infrastructure projects that support economic recovery, growth, and job creation.
County of Simcoe
Township of Oro-Medonte
Town of Innisfil
Township of Springwater
“Investing in our municipalities is part of how the Ontario government can help get shovels in the ground on critical infrastructure projects that support economic recovery, growth and job creation,” said Doug Downey, MPP for Barrie-Springwater-Oro-Medonte. “As our communities continue to grow and expand, we need to ensure reliable infrastructure is in place that our future generations will rely on. Bridges, roads, and water infrastructure are an easily overlooked, but necessary and critical part of daily modern life. I’m glad to see an increase in support for our municipalities here at home.”
“This is a great investment that will improve services in our region,” said Andrea Khanjin, MPP for Barrie-Innisfil. “These are communities that are experiencing exponential growth, that will need to increase their infrastructure and building capacity in the coming years. Investments like this give our local communities a head start and ensure they can continue to provide their residents the great service they have come to expect.”
Today’s announcement is part of the government’s additional $1 billion investment to help build and repair roads, bridges, water and wastewater infrastructure in small, rural and northern communities. The multi-year funding is being delivered through the Ontario Community Infrastructure Fund (OCIF) and will bring the government’s total investment to nearly $2 billion over the next five years.
Funding allocations will be based on a formula that recognizes the different needs and economic conditions of communities across the province. The new formula will include an increased funding minimum of $100,000 for all communities per year, up from $50,000 over previous years.
The OCIF supports local infrastructure projects for communities with populations under 100,000, along with all rural and northern communities.
For 2021, approximately $200 million in funding was allocated to 424 small, rural and northern communities. Municipalities may accumulate their funding for up to five years to address larger infrastructure projects.
Ontario also provides funding to communities through the Investing in Canada Infrastructure Program (ICIP), a $30-billion, 10-year infrastructure program cost-shared between federal, provincial and municipal governments, and other partners. Ontario’s share per project will be up to $10.2 billion spread across five streams: Rural and Northern, Transit Infrastructure, Community, Culture and Recreation, Green and COVID-19 Resilience Infrastructure.
The 2021 Ontario Economic Outlook and Fiscal Review: Build Ontario is the government’s seventh financial update since the pandemic began, highlighting the government’s commitment to providing regular updates on Ontario’s finances, even during this uncertain economic period. It is part of the government’s plan for recovery driven by economic growth.