Infrastructure Ontario (IO) continues to support its municipalities and other eligible public sector partners in their work to improve the quality of life in their communities by providing affordable, long-term financing for infrastructure development and renewal. IO has entered into new commitments to provide financing through its Loan Program to four eligible organizations.
The eligible organizations are:
- Township of Admaston Bromley for landfill expansion, snow plow, snow blower, equipment shed, and road work projects - CAD 0.25 million (US$ 0.18 million) loan
- County of Elgin for road reconstruction project - CAD 6 million (US$ 4.42 million) loan
- City of Quinte West for new police station - CAD 11 million (US$ 8.11 million) loan
- Township of Tarbutt and Tarbutt Additional, for purchase of sanding/plow unit - CAD 0.25 million (US$ 0.18 million) loan
The Loan Program is one of Ontario’s alternative financing approaches to help municipalities, housing providers and other public-sector partners renew Ontario's public infrastructure. IO loans provide affordable, long-term financing in support of infrastructure development.
Country updates
-
-
December 04, 2020
Tender for redevelopment of healthcare infrastructure PPP in Canada
Infrastructure Ontario and Hamilton Health Sciences have issued a request for qualifications (RFQ) for teams to design, build and finance the West Lincoln Memorial Hospital redevelopment project in Ca...
Read more -
December 03, 2020
RFP issued for pre-qualified bidder for QEII New Generation PPP
Government of Nova Scotia in Canada has launched a request for proposals to two shortlisted companies to bid on the contract to expand the QEII Health Sciences Centre Halifax Infirmary site. In...
Read more -
November 29, 2020
BBGI to acquire 25% stake in Samuel De Champlain Bridge Corridor PPP
BBGI Global Infrastructure S.A. announced that it has entered into an agreement to acquire a 25% equity interest in Signature on the Saint-Lawrence Group, the operator of the Samuel De Champlain...
Read more -
November 24, 2020
Preferred bidder selected for Union Station Enhancement PPP
Infrastructure Ontario (IO) and Metrolinx (MX) have selected ONTrack Alliance as the successful proponent to work collaboratively to advance the design of the Union Station Enhancement Project. The O...
Read more -
November 17, 2020
RFQ launched for George Street Revitalization PPP in Toronto
The City of Toronto and Infrastructure Ontario (IO) has issued a Request for Qualification (RFQ) for the George Street Revitalization project, which will reinvent the northernmost block of George Stre...
Read more
