2013 Budget Invests in Rural Communities
New Ontario Government Helps Strengthen Rural Ontario
Ontario's 2013 Budget -- A Prosperous and Fair Ontario -- takes action to eliminate the deficit by 2017-18 while making smart investments that will strengthen rural economies and create local jobs for youth.
The province unveiled a series of new initiatives intended to support job creation in rural communities and improve the everyday lives of all Ontarians.
Ontario's Budget 2013 is providing $100 million for a new, dedicated fund for municipal roads, bridges and other critical infrastructure in small and rural municipalities. Other measures that will support rural Ontario include:
- Investing nearly $90 million over the next three years for critical infrastructure projects through the Municipal Infrastructure Investment Initiative.
- Establishing a Youth Jobs Strategy with $295 million in funding over two years to create jobs and mentorship opportunities for about 30,000 youth and promote entrepreneurship and innovation.
- Ontario Municipal Partnership Fund and provincial uploads will provide almost $700 million in support for rural municipalities and $339 million for Northern municipalities.
- Support regional development, and create and protect jobs through the Southwestern Ontario Development Fund and the Eastern Ontario Development Fund.
These initiatives are part of the new Ontario government's Budget 2013 to support economic development in communities across the province, create jobs and help people in their everyday lives for a prosperous and fair Ontario for all.
- The government held pre-budget consultations with more than 1,000 organizations and heard from over 600,000 households in communities across Ontario during telephone town halls.
- Ontario is currently one of only two governments in Canada that is on track to beat its fiscal target for 2012-13. These results are due to the government’s focus on deficit elimination by 2017-18 — a commitment that is reinforced by the goal of reducing net debt-to-GDP to the pre-recession level of 27 per cent once the budget is balanced.
- Ontario has created almost 400,000 jobs since June 2009, recovering all of the jobs lost during the recession. The current level of employment is more than 130,000 jobs above the high point before the recession.
“The new government is committed to helping all the people of Ontario and eliminating the deficit by 2017-18 so that we can continue to invest in the things that matter most to people every day. As part of this commitment, we are investing in our province’s rural communities to help with job creation and economic growth. Our balanced approach will build a prosperous and fair Ontario for all.”
“Investing in local roads, bridges and other critical infrastructure in rural communities will not only benefit citizens in their daily lives, but it will help support good local jobs and strengthen rural communities.”