Canada and Ontario Reach Agreement Under the New Clean Water and Wastewater Fund
The governments of Canada and Ontario are making investments that will help create jobs and grow the middle class now while building a strong foundation for a sustainable economic future.
The Honourable Amarjeet Sohi, Minister of Infrastructure and Communities, and the Honourable Bob Chiarelli, Ontario Minister of Infrastructure, announced a bilateral agreement that will make more than $1.1 billion in combined funding available under the Clean Water and Wastewater Fund (CWWF). The federal government is providing up to 50 per cent of this funding, amounting to almost $570 million, for projects while the provincial government will invest almost $270 million. Municipalities, First Nations and local services boards will cover the remaining costs. Municipalities will also be able to apply their Ontario Community Infrastructure Fund (OCIF) formula grants toward the municipal contribution for these projects. Ontario recently announced it will triple OCIF funding to $300 million per year by 2018-19.
Also announced was an initial list of 41 approved projects under the funding program.