Haliburton-Kawartha Lakes-Brock will receive more than $3 million across eight municipalities, including the City of Kawartha Lakes receiving more than $2 million, according to a recent announcement from MPP Laurie Scott.
The money is to address their local community infrastructure needs. Through the Ontario Community Infrastructure Fund (OCIF), Ontario supports municipalities as they build and repair roads, bridges, water and wastewater infrastructure.
“We are continuing to support our local municipal partners in creating jobs and stimulating economic growth, keeping our community thriving,” says Scott in a media release.
“This funding delivers more money to address local infrastructure priorities.”
This funding is a part of Ontario’s approximately $200 million commitment to 424 communities addressing their core infrastructure projects and asset management planning needs in 2020.
“This investment provides the predictable and stable infrastructure funding small, rural and northern municipalities have asked for,” says Scott, who also serves as minister of infrastructure.
“With this OCIF funding we are working directly with our municipal partners to deliver community infrastructure.”
Recognizing that municipalities have different infrastructure needs, the province “uses a straightforward and transparent formula that examines various social and economic factors to determine funding allocations across the province.”
- The Ontario Community Infrastructure Fund provides stable and predictable funding for communities with populations under 100,000, along with all rural and northern communities.
- Approximately $200 million in formula-based funding was allocated to small, rural and northern communities for 2019. Municipalities may accumulate their formula 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. Ontario’s share per project will be up to 33.33 per cent, or $10.2 billion spread across four streams: Rural and Northern, Public Transit, Green, and Community, Culture and Recreation.