Ontario Invests in Northeastern Community Infrastructure
Funding Part of Largest Infrastructure Investment in Province’s History
Ontario is investing in local infrastructure projects in three Northeastern Ontario communities.
Through the province's Northern Ontario Heritage Fund Corporation (NOHFC), $1,629,000 is being invested in four projects:
- The Township of Matachewan will receive $1 million to establish a new commercial and light industrial park that will better position the community to attract private sector tenants
- The Municipality of Temagami is receiving $485,155 for waterfront improvements including docks and boat landings that will enable large craft and float planes to berth in town, enhancing business prospects and traffic to the downtown core
- Temagami is also receiving $109,100 to upgrade the Temagami Train Station, allowing commercial businesses to operate year round
- The Local Services Board of Tilden Lake received $35,000 to reconstruct the Tilden Lake Community Centre, ensuring the facility's continued use for events, meetings and other community activities.
This funding is part of the largest infrastructure investment in Ontario's history -- more than $130 billion over 10 years, which will support more than 110,000 jobs per year on average with projects such as roads, bridges, transit systems, schools and hospitals across the province.
The government's plan to build Ontario up is supported by a number of initiatives, including broadening the ownership of Hydro One -- an approach that raises billions for infrastructure.
Ontario's long-term infrastructure plan will help connect regions, develop new economic opportunities and improve quality of life for Ontarians by supporting critical infrastructure projects in cities, towns, and rural and remote communities all across the province.
Investing in local infrastructure is part of the government's plan to build Ontario up. The four-part plan includes investing in people's talents and skills, making the largest investment in public infrastructure in Ontario's history, creating a dynamic, innovative environment where business thrives, and building a secure retirement savings plan.
- Since 2003, the NOHFC has invested more than $1 billion in 6,870 projects in Northern Ontario, creating or sustaining more than 25,800 jobs.
- Research shows that every $100 million of public infrastructure investment in Ontario boosts GDP by $114 million, particularly in construction and manufacturing sectors.
- The NOHFC’s investments in community infrastructure are part of the Ontario government’s Growth Plan for Northern Ontario.
“By investing in infrastructure projects through the NOHFC, our government is helping communities better position themselves for new economic development opportunities. These four projects will enhance their communities, improve business traffic, and bring new investment into Northeastern Ontario.”
“Developing an industrial park is a key component towards sustainable growth in Matachewan. We thank the NOHFC for investing in a project that will drive economic development in our community.”
Andrew Van Oosten
“These two projects will allow us to diversify and strengthen our economy, and further develop our reputation as a northern hub for tourism. Our community is grateful to the NOHFC for investing in the train station and waterfront, and for supporting our economic development initiatives.”