Penetanguishene to Receive Funding for Reconstruction of Main Street

PENETANGUISHENE, ONTARIO--(Marketwired - July 22, 2015) - Residents of Penetanguishene will benefit from the Main Street reconstruction project thanks to joint funding from the Governments of Canada and Ontario through the Small Communities Fund.

This project will include the removal and replacement of existing water, sanitary and storm sewer infrastructure along Main Street, as well as associated road work. Once completed, this project will help meet the needs of this growing municipality for years to come.

The $1-billion Small Communities Fund provides funding for priority public infrastructure projects that deliver on local needs. Canada and Ontario will each provide $272 million to support projects in communities across the province with fewer than 100,000 residents. This funding will help address local priorities, supporting job creation and economic growth, thus sustaining a high quality of life in small communities across Ontario for years to come.

Quick Facts

• The Government of Canada will provide up to $1,746,666 through the Small Communities Fund for the project.
• The Province of Ontario will contribute up to $1,746,667 to this project.
• The Town of Penetanguishene will be responsible for all remaining costs of the project.

Quotes

"We are pleased to invest in projects like the Main Street reconstruction project that will benefit our community by improving much needed local infrastructure.Our Government's commitment to municipalities, big and small, has never been stronger. Through the New Building Canada Plan Small Communities Fund we are investing in priority infrastructure projects that have a strong impact on the quality of life of Ontario's residents while helping job creation and economic growth."

Bruce Stanton, Member of Parliament for Simcoe North

"Today's investment in the redesign and reconstruction of Main Street addresses an important local need and will position Penentanguishene for future growth. It's part of the largest infrastructure investment in Ontario's history - more than $130 billion over 10 years - which is supported by a number of initiatives, including unlocking the value of public assets to help make investments in transit, transportation and other priority infrastructure projects. It demonstrates our government's commitment to keeping our communities strong, creating jobs and making sure that people get the basic services they pay for now and in the future."

Ann Hoggarth, Member of Provincial Parliament for Barrie

"The Town of Penetanguishene is very grateful and extremely delighted that our Federal and Provincial partners are investing in our future through the New Building Canada Plan Small Communities Fund. Our Main Street Infrastructure project for water and wastewater will replace 75 to 100 year old water and sewer lines and will serve our Town for decades to come. Our Main Street will be reconstructed with a streetscape that will deliver all of the benefits of a vibrant and dynamic community which will provide an economic lift to our town attracting new business, residents and visitors."

Gerry Marshall, Mayor of Penetanguishene

Associated Links

To learn more about the Government of Canada's infrastructure programs, including the Small Communities Fund, please visit http://www.infrastructure.gc.ca/plan/nbcp-npcc-eng.html.

To find out more about Ontario's infrastructure programs, including the Ontario Community Infrastructure Fund, visit http://www.moi.gov.on.ca/en/infrastructure

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