Backgrounder 1
Infrastructure Stimulus Fund in Ontario
June 5, 2009
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 |
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05-June-09 |
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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 |
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|
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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 |
Chris Day, Press Secretary, Office of Canada’s Transport and Infrastructure Minister, 613-991-0700
Amy Tang, Press Secretary, Office of Ontario’s Minister of Energy and Infrastructure, 416-327-6747
Infrastructure Canada, 613-948-1148
Joint Secretariat, 1-866-306-7827

