Infrastructure and Broadband
Investing in modern infrastructure and transportation networks supports strong communities, jobs and economic growth.
Thats why Ontario is planning to invest more than $130 billion in public infrastructure over the next 10 years, supporting over 110,000 jobs on average each year in construction and related industries.
On August 18, 2014, Ontario launched the new permanent Ontario Community Infrastructure Fund and an intake under the federal governments Small Communities Fund to help municipalities fund key infrastructure projects.
The new, permanent Ontario Community Infrastructure Fund(OCIF) provides a steady source of predictable, long-term funding.
The $100-million per year fund supports the revitalization and repair of roads, bridges and other critical infrastructure in small, rural and northern communities.
OCIF includes $50 million per year in application-based funding and another $50 million per year in stable predictable formula-based funding.
The new Small Communities Fund (SCF), a part of the federal government's new Building Canada Fund (BCF), allows communities with populations of less than 100,000 to build projects that deliver on local needs.