Ontario Launches Municipal Infrastructure Strategy
LOCAL2 Staff for local2 sault ste. marie
August 16th, 2012 at 1:57pm
The new Municipal Infrastructure Strategy will require municipalities that request provincial infrastructure funding to show how projects fit within a comprehensive asset management plan. Asset management plans help municipalities make smart planning decisions about building, operating, maintaining, renewing and replacing infrastructure over the long-term.
Through the strategy, Ontario is providing $60 million over the next three years to municipalities. Up to $9 million will be used to help municipalities prepare their plans, while the remaining funds will be used to address critical projects identified in those finalized plans.
Investing in infrastructure is part of the McGuinty government's plan to create jobs for Ontarians and strengthen the economy. A strong economy protects the services that mean the most to families - health care and education.
"Our government has made unprecedented investments in infrastructure across the province. We will continue to partner with all municipalities to invest in local infrastructure to support economic growth and enhance quality of life," says Bob Chiarelli, the Minister of Infrastructure, Minister of Transportation.