Yesterday, premier Dalton McGuinty announced that $1.1 Billion will be given to improve municipal infrastructure. This was done to adhere to the Investing in Ontario Act, which dictates that a portion of all budget surplus goes towards provincial debt, with the remainder to be invested in municipal infrastructure. According to the article, the funds will be divided up to various municipalities per capita. It seems like a very significant figure, considering that a total of $3.5 billion has been given to municipalities for infrastructure in 2007/2008.
Looks like Ontario’s municipal engineers will be busy in the coming months/year!
