A new $30 billion Infrastructure program announced by the Ontario government on Tuesday is getting a thumbs up from Parry-Sound Muskoka MPP Norm Miller.
Minister of Infrastructure Monte McNaughton made the announcement just outside of Kitchener on Tuesday saying the historic infrastructure investment marks the start of billions of dollars in funding that will improve the well being of the people of Ontario.
The program will invest $30 billion in combined federal, provincial, and local investments in communities across the province over the next 10 years.
“This is great news for communities in Parry Sound-Muskoka,” says Miller.
“Our government is listening and has heard the infrastructure needs of our municipalities. Today we’re telling communities to get started on the crucial
process of project nomination.”
The Investing in Canada Infrastructure Program will be cost-shared between the federal, provincial, and municipal governments.
Ontario’s share per project will be up to 33 percent 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.
Those approximately 500 communities will have eight weeks beginning March 18 to nominate road and bridge projects.
Parry Sound Mayor and Association of Municipalities in Ontario President Jamie McGarvey says AMO welcomes the investment.
The program also offers the Grants Ontario website, a “one-window” source for grant applicants which handles submissions, review, nomination, reporting and transfer payment management processes – all in one place.