Funding will support economic growth and job creation in Markham-Stouffville
December 16, 2022
Stouffville, ON — The Ontario government is providing over $1.4 million to help renew and rehabilitate local infrastructure in Whitchurch-Stouffville. The funding is being delivered through the Ontario Community Infrastructure Fund (OCIF) and is part of the government’s overall investment of $400 million in 2023.
“I am proud to share this exciting news for the people of Stouffville,” said Paul Calandra, MPP for Markham-Stouffville. “This funding will help address critical infrastructure needs for our community, including road, bridge, water and wastewater projects. This announcement is a great example of how our government is working to build Ontario.”
“Ontario’s small, rural and northern communities, like Stouffville are essential to the growth and prosperity of the province,” said Kinga Surma, Minister of Infrastructure. “Our government is continuing to provide stable funding to meet local infrastructure needs and provide support in response to pressures from inflation. By supporting key community infrastructure projects, we are helping to grow and build safer, more resilient communities for generations to come.”
In December 2021, the Ontario government announced an additional $1 billion for critical infrastructure projects that support economic growth and job creation in small, rural and northern communities, bringing the government’s total investment to nearly $2 billion dollars over five years.
QUICK FACTS
- OCIF supports local infrastructure projects by providing stable and predictable funding for rural and northern communities, as well as for communities with populations under 100,000.
- Funding allocations are based on a formula that recognizes the different needs and economic conditions of communities.
- In 2022, the government provided $400 million in funding through OCIF, an increase of $200 million from the previous year. Communities may accumulate their funding for up to five years to address larger infrastructure projects.
ADDITIONAL RESOURCES
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