Ministry of Infrastructure
Supporting New Projects that Build Prosperous Communities and Transition to a Clean Growth Economy
Mississauga, ON – March 14, 2018
The governments of Canada and Ontario are working together to make long-term infrastructure investments that will create economic growth, sustain well-paying jobs, build inclusive communities and support a low carbon, green economy-leading to a higher quality of life for all Canadians.
Today, 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 through the Investing in Canada plan over the next decade in federal funding dedicated to infrastructure projects. 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.
This new funding will see the Government of Canada and the province of Ontario make unprecedented investments in public transit, green infrastructure, and recreational and cultural infrastructure.
These investments will have benefits for people in communities across the province, including:
- Faster commute and travel time for more people, and easier movement of goods for businesses
- Cleaner air and water
- Reduced greenhouse gas emissions
- Smarter and more efficient cities
- Sustainable water management
- Enhanced public parks, recreational facilities and other spaces that make communities great places to live
- Better transportation and digital infrastructure for people living in remote communities
- Increased energy security and reduced reliance on diesel in the North
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.
Across Canada, more than $33 billion in federal funding will be invested through new bilateral agreements with provinces and territories. Provinces and territories will develop three-year plans that will provide information on how they will implement their infrastructure projects.
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