$44 Million Infrastructure Stimulus Funding
On June 5, 2009, the governments of Canada and Ontario announced a joint investment of more than $44.4 million for 21 infrastructure projects identified as priorities for the City of Guelph that will create jobs and help build a stronger community. The City of Guelph will contribute $22.2 M.
Through Canada’s Economic Action Plan, the federal government has established a new $4-billion Infrastructure Stimulus Fund that provides funding to provincial, territorial and municipal construction-ready infrastructure rehabilitation projects. Funding to Ontario communities, which will be matched by the government of Ontario as part of its 2009 provincial budget, Confronting the Challenge: Building our Economic Future, is available for two years for projects that will be built during the 2009 and 2010 construction seasons.,