HAWKESBURY, ONT. — The Prescott and Russell Residence long-term care home redevelopment project in Hawkesbury, Ont. is getting a boost from the provincial government with a $70-million loan to the Corporation of the United Counties of Prescott and Russell, through Infrastructure Ontario’s Loan Program.
A virtual groundbreaking for the $83 million facility was held March 23.
Ontario’s investment of more than $240 million, of which over $170 million is being provided through the province’s funding model, will help to modernize the facility by redeveloping 146 existing beds and adding an additional 78 beds, states a government release.
Through the model, the government is planning to deliver on its goal to develop 30,000 beds across the province over the next decade.
“The Infrastructure Ontario Loan Program is helping us to get shovels moving and provide 21st century long-term care infrastructure for our most vulnerable in communities across the province,” said Laurie Scott, minister of infrastructure, in a statement. “Supporting modern and efficient public infrastructure is critical for supporting safe and healthy communities, building a strong economy, and creating jobs.”