Infrastructure Stimulus Fund In Ontario

On June 5, 2009, Canada and Ontario announced a joint investment of $1.85 billion for 1,190 infrastructure projects that will create thousands of jobs and help stimulate the economy.

Through Canada's Economic Action Plan, the federal government has established a new $4-billion Infrastructure Stimulus Fund that provides funding to construction-ready infrastructure projects. Funding is available for two years for projects that will be built during the 2009 and 2010 construction seasons. Through the Government of Ontario's 2009 provincial budget, Confronting the Challenge: Building Our Economic Future, Ontario has allocated funding to match federal infrastructure stimulus investments in the province. 

About the Program

The Infrastructure Stimulus Fund complements existing federal and provincial infrastructure funding by focusing on short-term objectives for economic stimulus. The Infrastructure Stimulus Fund will focus on construction-readiness as an important project selection criterion. The full $4 billion will be distributed across Canada in fiscal years 2009-2010 and 2010-2011. Projects will focus largely on the rehabilitation of existing assets such as water, wastewater, public transit, highways, roads, culture, parks, and trails.  For municipal projects, the federal and provincial governments will contribute up to two-thirds of eligible costs, with municipalities expected to contribute one-third.

Infrastructure Stimulus Fund at Work in Ontario

When Canada and Ontario launched a joint call for applications under the Infrastructure Stimulus Fund on April 14, 2009, more than 2,700 project applications were submitted by municipalities with a total value of approximately $6.5 billion. Each project application was assessed against criteria that included project readiness, project merit, federal Environmental Assessment (EA) requirements, and the amount of funding sought by the applicant.

Infrastructure Stimulus - By Category
Sector	Number of Projects	Federal Funding	Provincial Funding
Airport Infrastructure	8	$12,359,140	$12,359,139
Brownfield Redevelopment	2	$650,000	$650,000
Cultural	25	$27,184,990	$27,184,989
Disaster Mitigation	3	$8,843,333	$8,843,333
Local Roads	589	$289,801,179	$289,805,324
Municipal Buildings	216	$183,193,733	$183,018,628
Public Transit	26	$68,512,829	$68,512,832
Parks and Trails	121	$47,372,220	$47,372,218
Solid Waste Management	12	$7,628,586	$7,628,586
Water and Waste water	188	$281,412,874	$281,412,869
TOTAL	1190	$926,958,883	$926,787,918

   

Infrastructure Stimulus Summary - By Region
Region	Number of Projects	Federal Funding	Provincial Funding
Central	472	$268,393,558	$268,393,549
South Central	46	$129,121,986	$129,123,996
East	251	$217,652,330	$217,652,533
North	158	$76,391,045	$76,217,930
South West	263	$235,399,965	$235,399,911
TOTAL	1190	$926,958,883	$926,787,918