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Province allocates $2.4 million for infrastructure in New Tecumseth

January 5, 2023   ·   0 Comments

By Brian Lockhart

The Ontario government is providing $17,403,299.00 to help renew and rehabilitate local infrastructure in Simcoe-Grey.

Of that money, New Tecumseth is receiving $2,465,011 for infrastructure projects and Adjala-Tosorontio is receiving $371,911. 

The funding is being delivered through the Ontario Community Infrastructure Fund (OCIF) and is part of the government’s overall investment of $400 million in 2023.

“Ontario’s small, rural and northern communities are essential to the growth and prosperity of the province,” said Kinga Surma, Minister of Infrastructure. “Our government is continuing to provide stable funding to meet local infrastructure needs and provide support in response to pressures from inflation. By supporting key community infrastructure projects, we are helping to grow and build safer, more resilient communities for generations to come.”|

OCIF supports local infrastructure projects by providing stable and predictable funding for rural and northern communities as well as for communities with populations under 100,000.

Funding allocations are based on a formula that recognizes the different needs and economic conditions of communities. In 2022, the government provided $400 million in funding through OCIF. That’s an increase of $200 million from the previous year.

Communities may accumulate their funding for up to five years to address larger infrastructure projects.

In December 2021, the Ontario government announced an additional $1 billion for critical infrastructure projects that support economic growth and job creation in small, rural, and northern communities. This brings the government’s total investment to nearly $2 billion over five years.

“The OCIF funding will greatly assist communities throughout Simcoe-Grey in addressing critical infrastructure needs including road, bridge, water and wastewater projects,” said Brian Saunderson, MPP for Simcoe-Grey.



         


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