Ontario Building Critical Infrastructure in Newmarket
Funding will help create jobs and support economic growth
NEWMARKET— The Ontario government is investing 4,080,273 to help renew and rehabilitate critical infrastructure in the town of Newmarket 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.
“Our government’s investment of over $4 million through the Ontario Community Infrastructure Fund is a testament to our commitment to building a more resilient and sustainable Newmarket,” said Dawn Gallagher Murphy, MPP for Newmarket-Aurora. “This funding will enable us to address critical infrastructure needs, ensuring that our town continues to thrive and grow, while enhancing the quality of life for all residents.”
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.”
“Southlake is our community’s greatest asset. It’s great to see the Ontario Government making additional investments in Southlake,” said John Taylor, Mayor of Newmarket. “Improving access to care and providing the best possible physical environment for the people who care for those who live here are integral to maintaining this asset and building a healthier community.”
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.
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