FOR IMMEDIATE RELEASE: April 11, 2019
Brantford-Brant confirmed to receive $4,329,635 in funding from the Ontario Community Infrastructure Fund (OCIF)
BRANTFORD — The Ontario Government recently confirmed $200-million in funding for small, rural and northern communities through the Ontario Community Infrastructure Fund (OCIF). This provincial funding is a crucial tool to keeping core assets like roads, bridges, and water treatment facilities safe and healthy.
“Under the previous government, rural areas of Ontario suffered greatly,” Bouma said. “I am happy to see these kinds of investments being made into areas like ours which are truly the economic drivers of this province.”
Brant County is receiving $1,048,796 for 2019, while the City of Brantford will receive $3,280,839 under OCIF.
“Asset management planning is essential for long-term sustainability of Ontario’s communities.” MPP Bouma said. “Asset management helps municipalities make informed planning decisions and the OCIF assists in replacing their infrastructure over the long term.”
Improved municipal asset management planning is a vital component of Ontario’s Municipal Infrastructure Strategy. The Ontario Community Infrastructure Fund supports this strategy, as many expenditures related to the development of asset management plans are eligible costs under OCIF formula-based funding.
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For more information, contact MPP Will Bouma at 519-759-0361 or will.bouma@pc.ola.org