The Government of Canada and the province of Ontario are working together to make long-term infrastructure investments to create economic growth, build inclusive communities and support a low carbon, green economy – leading to a higher quality of life for all Canadians.
On March 14, 2018, the Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Bob Chiarelli, Ontario Minister of Infrastructure, announced the signing of a bilateral agreement that will provide more than $11.8 billion over the next decade in federal funding dedicated to infrastructure projects under the Investing in Canada plan. The projects supported through this agreement will have a total value of over $31 billion, including $10 billion committed by the Ontario government. These projects will be cost-shared with the Ontario government, municipalities and other partners.
Through this agreement, the Government of Canada will be making unprecedented investments towards infrastructure across Ontario and providing the flexibility for its communities to identify their priorities and projects. These investments will help transform Canada in four priority areas: public transit; green infrastructure; community, culture and recreational infrastructure; and rural and northern communities infrastructure.
Under the public transit stream, Loyalist Township will receive $898,526.94 in federal funding and $741,285.00 in provincial funding to support the transit line from Loyalist to Kingston, operated by Kingston Transit. The Town of Bancroft will receive $84,307.59 in federal funding and $69,554.00 in provincial funding for Bancroft Community Transit. The Town of Deseronto will receive $154,191.41 in federal funding and $127,208.00 from the province to support Deseronto Public Transit. Finally, the Municipality of Marmora & Lake will receive $41,208.20 from the federal government, and another $33,997.00 in provincial funding to support the Central Hastings Support Network Transit System.
These investments will make a positive difference in communities, resulting in the better movement of people and goods, and enabling smarter and more efficient communities.