Infrastructure Ontario's Loan Program provides long-term financing to eligible public sector clients to help renew infrastructure and deliver value to customers and residents.


With a convenient online application, no additional fees and flexible terms, our loans provide affordable access to the capital markets for those who are otherwise unable.


Helping Build a Stronger Ontario

To date, Infrastructure Ontario (IO) has committed to the financing of over $6 billion in infrastructure, helping clients improve the quality of life in communities across Ontario. Together with our clients, IO has helped finance more than a thousand infrastructure projects – from the construction of roads, bridges and facilities to the acquisition of assets, such as vehicles and equipment – most capital expenditures are eligible.


Modern and efficient public infrastructure is key for building and maintaining a strong economy, prosperous communities and a clean healthy environment. IO loans can be tailored to meet the unique needs and complex development challenges of municipalities, universities and other eligible public sector clients.


Eligible Borrowers
The following public sector organizations are eligible to apply for loans:

For more details on eligibility, please review the program guidelines located on each sector’s webpage. 


Loan Program Benefits
There are various benefits for public sector borrowers:

  • Affordable rates
  • Access to capital market financing without any fees or commissions
  • Longer terms designed to match the life of the asset
  • No need to refinance over the life of the loan
  • May be used for any depreciable capital expenditure
  • Application and forms available online
  • Access to dedicated and experienced staff

Rates and Terms
IO’s lending rates provide equitable access to affordable financing for all clients. Lending rates are based on the credit strength of each sector. View the lending rates by sector.


Clients may select repayment terms of up to 30 years; but in any event, the repayment period must not exceed the expected life of the capital asset. The loan interest rate varies with the term of the loan.


How to Apply

For more information on how to apply for a loan, please visit the appropriate sector page as the application process differs for each sector.