NEWS RELEASE
MPP ANN HOGGARTH
*************************
The Governments of Ontario is partnering with the federal government 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 Bob Chiarelli, Ontario Minister of Infrastructure, joined the Honourable Amarjeet Sohi, federal Minister of Infrastructure and Communities, to announce 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 recreation infrastructure; and rural and northern community infrastructure.
Under the public transit stream, Barrie will receive more than $23 million in federal funding and $19 million in provincial funding to build new urban transit networks and service extensions that will transform the way people in our community live, move and work.
The funding announced today builds on Ontario's $190 billion commitment to infrastructure over 13 years. The province's investments are already supporting priority projects across the province such as schools, hospitals, public transit, roads and bridges.
These investments will make a positive difference in communities, resulting in the better movement of people and goods, providing clean air and water, and enabling smarter and more efficient cities.
Quotes
“At its core, infrastructure is about people, and our government is committed to ensuring that our unprecedented infrastructure investments work for everyone in Ontario. We have a responsibility to build the critical public infrastructure our province needs to maintain a strong economy and high standard of living. That is the reason we are investing more than $190 billion in hospitals, schools, roads and bridges. Every dollar invested in infrastructure is an investment in quality of life and in our economy.” - Bob Chiarelli, Ontario Minister of Infrastructure
“Public infrastructure such as public transit, recreation facilities, and green projects support thriving communities and a high quality of life. I am pleased that Ontario has committed $10 billion to infrastructure in partnership with the federal government. Barrie will receive approximately $42 million in public transit funding that will help keep our community moving.” - Ann Hoggarth, MPP Barrie
Quick facts
- Under the Investing in Canada plan, the Government of Canada is investing more than $180 billion over 12 years in public transit projects, green infrastructure, social infrastructure, trade and transportation routes, and Canada’s rural and northern communities.
- Under the first phase of the plan, Infrastructure Canada has approved nearly 3,500 projects worth a combined investment of more than $8.4 billion.
- As part of the Plan, Infrastructure Canada will deliver over 11.8 billion to Ontario over the next decade through a new bilateral agreement under four funding streams: $8,340,401,116 for public transit; $2,848,855,330 for green infrastructure; $407,159,893 for community, cultural and recreational infrastructure; and $250,067,117 for wide-ranging infrastructure needs in rural and northern communities.
- As part of its infrastructure plan, Ontario is investing $190 billion in public infrastructure over 13 years, starting in 2014–15. This represents the largest infrastructure investment in the province’s history to support priority projects across the province such as roads, bridges, public transit, hospitals and schools.
*************************
