Ontario Launches Municipal Infrastructure Strategy
Ontario is helping small, rural, and Northern municipalities strategically plan to maintain and build critical infrastructure required by families and businesses to build strong local economies.
The new Municipal Infrastructure Strategy will require municipalities that request provincial infrastructure funding to show how projects fit within a comprehensive asset management plan. Asset management plans help municipalities make smart planning decisions about building, operating, maintaining, renewing, and replacing infrastructure over the long-term.
Through the strategy, Ontario is providing $60 million over the next three years to municipalities. Up to $9 million will be used to help municipalities prepare their plans, while the remaining funds will be used to address critical projects identified in those finalized plans.
Investing in infrastructure is part of the McGuinty government’s plan to create jobs for Ontarians and strengthen the economy.