Infrastructure Ontario (IO) continues to support 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:

  • The Corporation of the Township of South Stormont for a pumper truck – $559,350 loan 
  • The Corporation of the Township of McKellar for a pumper truck – $172,000 loan 
  • The Corporation of the Township of Nairn and Hyman for road reconstruction – $3,249,181 loan
  • The Corporation of the Town of The Blue Mountains for a landfill and mining expansion- $985,000 loan 

With more than 440 public-sector clients, the Loan Program has helped finance various types of infrastructure projects such as the construction of roads, bridges, arena complexes and long-term care homes, and the acquisition and installation of capital assets like fire trucks and energy-efficient lighting. 

Modern and efficient public infrastructure is critical for building a strong economy, prosperous communities and creating jobs.

For more information, please visit our Infrastructure Lending web pages.