ONTARIO LAUNCHES $30 BILLION INFRASTRUCTURE FUNDING PROGRAM
BROCKVILLE – Ontario’s Government is working for the people to make the province’s roads safer, commutes easier and communities healthier, says Leeds-Grenville-Thousand Islands and Rideau Lakes MPP Steve Clark.
Clark made the comment today after the government unveiled a new infrastructure funding program that will help create and protect good jobs across the province, including here in Leeds-Grenville-Thousand Islands and Rideau Lakes.
“This is an exciting announcement for the communities I represent,” said Clark. “I’ve heard from local municipal leaders about their growing list of infrastructure needs and my message to them today is to be ready to nominate projects when the application process opens next week.”
The first stream of the funding, the Rural and Northern stream, is open to cities and Indigenous communities with populations under 100,000. Those communities, about 500 of them, will have eight weeks beginning March 18 to nominate road and bridge projects.
“When it comes to delivering core services that matter to people, our government is putting people first,” said Monte McNaughton, Minister of Infrastructure. “Today’s historic infrastructure investment marks the start of billions of dollars in funding that will improve the wellbeing of the people of Ontario. And it is part of our plan to balance the budget in a responsible, sustainable way while creating and protecting good jobs.”
The funding falls under the Investing in Canada Infrastructure Program, which will unlock up to $30 billion in combined federal, provincial, and local investments in communities across the province over the next 10 years.
“Today is an important milestone for our government and recognition of the need to invest in critical infrastructure projects that will create jobs and support economic growth in our riding,” said Clark. “We’re helping to fund projects that will make it easier and safer to move people and products along Ontario’s roads and bridges, while making communities better places to live.”
- The Investing in Canada Infrastructure Program is a $30 billion, 10-year infrastructure program cost-shared between federal, provincial and municipal governments. Ontario’s share per project will be up to 33 per cent, or $10.2 billion spread across four streams:
- Rural and Northern
- Public Transit
- Community, Culture and Recreation
- The first intake for the Rural and Northern stream will be open for eight weeks and will focus on road, bridge, air or marine infrastructure in rural and northern communities with populations under 100,000 people.
- The Grants Ontario website (click on Grant Opportunities) will be a “one-window” source for applicants, handling application intake, review, nomination, reporting and transfer payment management processes – all in one place.