Friday, July 12, 2024

Grey Bruce Municipalities to Receive $14 Million From Ontario Community Infrastructure Fund

Bruce-Grey-Owen Sound MPP Rick Byers has announced that local municipalities will receive a combined total of $14,171,167 in 2024 through the Ontario Community Infrastructure Fund (OCIF).

This funding will help renew and rehabilitate critical infrastructure projects in Bruce-Grey-Owen Sound,” said Byers. “This investment is part of the government’s plan to support economic development, growth and job creation in our local communities.”

Local municipalities are to receive the following:

$1,347,122 – County of Bruce

$3,309,832 – County of Grey

$880,588 – Arran-Elderslie

$367,115 – Chatsworth

$354,837 – Georgian Bluffs

$640,199 – Grey Highlands

$498,128 – Hanover

$1,317,063 – Meaford

$294,773 – Northern Bruce Peninsula

$2,883,672 – Owen Sound

$700,912 – South Bruce Peninsula

$527,620 – Southgate

$1,049,306 – West Grey

In 2024, the government will allocate $400 million in OCIF funding to help 425 small, rural and northern communities pay for critical infrastructure projects, including road, bridge, water, and wastewater projects. If necessary, a community may accumulate its funding for up to five years to address larger infrastructure projects.

Small, rural and northern communities need stable funding for their unique infrastructure needs and to provide safe and reliable services,” said Kinga Surma, Minister of Infrastructure. “That’s why our government continues to provide funding, especially during these challenging economic times. Our investments in community infrastructure are helping to create jobs, build stronger local economies, and lay the foundation for a stronger, more resilient Ontario for generations to come.”

OCIF provides funding for local infrastructure projects in communities with populations under 100,000, as well as all rural and northern communities. Funding allocations are based on a formula that takes into account the different needs and economic conditions of each community.

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