City to receive $4.5 million from province for infrastructure needs
The Ontario government is providing $4.5 million to help Kawartha Lakes build and repair critical infrastructure in Haliburton-Kawartha Lakes-Brock, according to a media release.
“Our government has heard from small, rural and northern municipalities across the province on the need for adjustments to the Ontario Community Infrastructure Fund (OCIF) formula and that’s why we are taking action,” said Laurie Scott, MPP for Haliburton-Kawartha Lakes-Brock. “Municipalities in HKLB will greatly benefit from this significant increase in funding to help get shovels in the ground sooner on important local infrastructure projects that help strengthen our communities and support long-term economic recovery.”
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.