Municipal infrastructure is essential to delivering services to Ontarians. That's why the province launched the Municipal Infrastructure Strategy in 2012.
A cornerstone of the strategy is a requirement for long-term asset management planning by municipalities. Municipalities seeking provincial capital funding are required to submit a detailed asset management plan.
The province has made nearly $200 million available under the broad umbrella of the Municipal Infrastructure Strategy.
The Small, Rural & Northern Municipal Infrastructure Fundincludes $71 million in capital funding available for municipalities through a two-stage application process. The first stage of the application process closed on November 1, 2013.
Prior to that, the province allocated $114 million available to complete critical capital infrastructure projects. This funding was allocated to 110 municipalities.
In addition, Ontario has allocated a total of $12.25 million to help assist smaller municipalities to complete asset management plans.