Ontario Building Critical Infrastructure in Peterborough-Kawartha

Funding will help create jobs and support economic growth

NEWS                                                                                                                         October 18, 2024

City of Peterborough — The Ontario government is investing $9,536,982 to help renew and rehabilitate critical infrastructure in the City of Peterborough. The funding will be delivered in 2025 through the Ontario Community Infrastructure Fund (OCIF) and is part of the government’s $190 billion capital plan to build and expand more homes, highways, hospitals, transit and high-speed internet across the province.

“This investment of over $9 million will improve infrastructure throughout the City of Peterborough, particularly in the downtown core,” MPP Dave Smith said, “It is formula-based funding that is sent out to the municipalities each year and is something they can count onto plan for critical infrastructure projects.”

“With this support, we can address key projects that will improve our core infrastructure and create long-lasting benefits for our residents,” Mayor Jeff Leal said. “Strong infrastructure is the backbone of our city’s future, and this partnership with the province plays a pivotal role in ensuring a vibrant Peterborough for many years to come.”  Mayor Leal added.

In 2025, Ontario will allocate $400 million in OCIF funding to help 423 small, rural and northern communities build roads, bridges, water and wastewater infrastructure. Communities may accumulate funding for up to five years to address larger infrastructure projects.

“Small, rural and northern communities are essential to the growth and prosperity of Ontario,” said Kinga Surma, Minister of Infrastructure. “By providing direct and stable funding to these communities, our government is helping create local jobs, drive economic growth and build stronger, more resilient communities for generations to come.”

The OCIF provides funding for local infrastructure projects in municipalities with populations under 100,000, rural and northern municipalities, as well as for Local Services Boards that own water or wastewater systems. Funding allocations are based on a formula that accounts for the different needs and economic conditions of each community.

MUNICIPALITY NAME	2025 OCIF Allocations
Douro-Dummer	$137,225
Havelock-Belmont-Methuen	$160,000
North Kawartha	$100,000
Peterborough	$9,536,982
Peterborough County	$1,145,482
Selwyn	$258,743
Trent Lakes	$101,888

QUICK FACTS

• In 2024, the government provided $400 million in funding through the OCIF to 425 communities.
• Starting in 2022, the government increased its investment for the OCIF by $1 billion over five years.

ADDITIONAL RESOURCES

• Ontario Builds: our infrastructure plan

Media Contact

Dave Smith Action Centre

David.smith@pc.ola.org

705-742-3777