In 2007, the Government of Canada launched the $33-billion Building Canada Plan. On January 27, 2009, the Government launched Canada's Economic Action Plan which included $5.5 billion in new infrastructure stimulus funding to be provided by Infrastructure Canada. In addition to this new funding, through the Economic Action Plan, existing Building Canada funding is being accelerated.
Ontario Infrastructure Projects >>
Ontario Project Profiles >>
Through the Economic Action Plan, the federal government established a $4-billion Infrastructure Stimulus Fund for provincial, territorial, municipal and community construction-ready infrastructure projects built over two years: 2009-10 and 2010-11.
Stimulus at work in Ontario >>
Projects: 1,965
Federal contribution: $1.487 billion
Total eligible cost of projects: $4.194 billion
Through the Economic Action Plan, the Government established a Green Infrastructure Fund that supports sustainable energy generation and transmission, along with municipal wastewater and solid waste management infrastructure.
Projects: 8
Federal contribution: $234.3 million
Total eligible cost of projects: $882.3 million
Through the Economic Action Plan, funding has been allocated to smaller-scale projects that will be substantially completed by March 31, 2011, in communities with fewer than 100,000 people. This is in addition to the $362 million already allocated in Ontario through the Communities Component (see below).
Projects: 187
Federal contribution: $196.0 million
Total eligible cost of projects: $589.0 million
Through the Building Canada Plan, Ontario will receive $175 million in base funding for core infrastructure priorities. The funding was originally committed over seven years, through to 2014, but can now be accelerated through the Economic Action Plan.
The Major Infrastructure Component of the Building Canada Plan will provide up to $2.73 billion in Ontario for large scale initiatives.
Projects since 2007: 19
Federal contribution: $1.731 billion
Total eligible cost of projects: $5.182 billion
On August 26, 2008, the Communities Component was officially launched in Ontario, providing $362 million for smaller-scale projects in communities with fewer than 100,000 people.
Projects since 2007: 291 projects
Federal contribution: $354.4 million
Total eligible cost of projects: $1.084 billion
Just over $4.404 billion in gas tax funding will flow to Ontario municipalities from 2007 to 2014.
In addition to funding under the Economic Action Plan and the Building Canada Plan, Ontario is also benefitting from projects funded through the G8 Legacy Infrastructure Fund. Legacy projects include the construction of the G8 Centre, improvements to parks and public space, roadway improvements, improving gateway signage and beautification projects.
Canada hosted the 2010 G8 Summit in Huntsville, Ontario, in the heart of Muskoka in June 2010. The $50-million G8 Legacy Infrastructure Fund was set up in February 2009 and is dedicated to legacy projects in the Parry Sound–Muskoka area. The G8 is composed of eight of the world's leading economic powers: Canada, France, Germany, Italy, Japan, Russia, the United Kingdom and the United States. The annual summit is a chance for the leaders of the G8 countries to meet face to face and develop common approaches to current challenges facing the world.