TORONTO — Municipalities can now apply for the new local government sub-stream of the COVID-19 Resilience Infrastructure stream, which allows municipalities to proceed with tendering and procuring local projects as soon as possible to address infrastructure needs.
The Ontario government recently announced up to $1.05 billion in federal-provincial funding through the COVID-19 Resilience Infrastructure stream under the Investing in Canada Infrastructure Program (ICIP) to build or renovate health and safety-related projects in long-term care, education and municipalities to help the province respond to the impacts of COVID-19, states a release, adding this includes up to $250 million for the local government sub-stream.
Eligible projects include infrastructure to support physical distancing, social infrastructure, active transportation and disaster mitigation projects. Each municipality will be allocated a certain amount of funding for which they can apply, with a minimum allocation of $100,000.
According to the release, successful projects will be reviewed on a first-come, first-served basis and be nominated by the province to the federal government for approval by March 2021.
The federal COVID-19 resilience stream has been adapted from the ICIP by re-allocating funds to respond to the impacts of the pandemic and it will be 80 per cent cost-shared by the federal government and 20 per cent cost-shared by the province.
“Our government will continue to ensure that communities are able to get shovel-ready projects underway so they can kickstart their local economies and create jobs,” said Ontario Minister of Infrastructure Laurie Scott in a statement.
“We look forward to collaborating with the federal government to secure quick approvals for these important projects that will help keep communities across Ontario safe.”
Recent Comments
comments for this post are closed