Ontario Government Announces $30 Billion In New Funding To Improve The Province's Roads
Ontario's infrastructure is being revitalized thanks to a new $30 billion investment.
The Ontario government is now investing in a decade-spanning infrastructure program that will unlock up to $30 billion in federal, municipal and provincial government investments. The project aims to improve four significant areas of the province’s infrastructure including Ontario Public Transit, Rural-Northern, Green, Community and Culture-Recreation with $10.2 billion being spent on each.
According to a recent news release by the Ontario government, the exciting new investment aims to better the lives of Ontarians by improving commuting conditions and making roads safer. While also placing considerable emphasis on community and the creation of new jobs.
"When it comes to delivering core services that matter to people, our government is putting people first," says Monte McNaughton, Minister of Infrastructure. "Today's historic infrastructure investment marks the start of billions of dollars in funding that will improve the wellbeing of the people of Ontario. And it is part of our plan to balance the budget in a responsible, sustainable way while creating and protecting good jobs."
The first area to receive funding in the project will be the Rural-Norther stream which will give cities as well as Indigenous communities with populations under 100,000 the opportunity to select bridge and road projects. The communities will have eight weeks to make their decision starting on March 18th.
This first stream of funding is an invitation to all those communities to get started on the crucial process of project nomination,” explained said McNaughton about the dynamics of the project.
Completion of the project will hopefully breathe new life into the province and resolved a variety of issues that up until now have lacked the proper funding to be fixed.