Since 2006, Infrastructure Ontario's Loan Program has helped to make a difference in communities across Ontario by providing affordable loans to municipal corporations. Municipal corporations can include: local distribution companies, gas utilities, municipal Long-term care homes, local housing corporations, utility telecoms, transit corporations or social housing corporations.

Eligibility

If your municipal corporation is incorporated pursuant to:

• section 2 of Ontario Regulation 168/03 (Municipal Business Corporations) made under the Municipal Act, 2001, all of the shares of which are held directly or indirectly by one or more municipalities;
• section 142 of the Electricity Act, 1998, all the shares of which are held by one or more municipal corporations, or
• Part III of the Social Housing Reform Act, 2000 as local housing corporations

then your corporation may be eligible for financing.

For more information on eligibility requirements please see the Program Guidelines.

Eligible Projects

Infrastructure Ontario loans can be used for any capital investments, including but not limited to:

• Facility expansion, renovation and retrofits
• Energy conservation retrofits
• Overhead wiring and underground cabling, gas lines, pipe work
• Any development or asset classified as a capital expenditure
• Switchgear and pole structures
• Smart Meter installation
• Alternative energy generation facilities
• Transportation infrastructure
• Vehicles and maintenance equipment

Check our current low lending rates.

As your capital financing partner, Infrastructure Ontario works with you to develop the best financing solution to meet your infrastructure needs. We understand the unique needs and complex development challenges facing municipalities, municipal corporations and other public infrastructure providers.

Application Process

To obtain a username and password for the WebLoans Online Application System, please contact Infrastructure Ontario at 1-800-230-0937.

Clients that have already obtained a username and password can login to the WebLoans Online Application System anytime.

For further details about Infrastructure Ontario’s Loan Program, please see the Program Guidelines. Infrastructure Ontario staff would be pleased to answer any questions through our toll-free hotline: 1-800-230-0937.

Please Note. Infrastructure Ontario reserves the right to withdraw applications if they become inactive for more than one year.