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 a new commitment to provide financing through its Loan Program to Prince Edward County for multiple water projects.
Prince Edward County is financing 11 water and wastewater projects with a $21,402,870 loan from IO. Projects are located in Ameliasburgh, Carrying Place, Consecon, Picton and Wellington.
With more than 440 clients, including municipalities and non-profits, 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.
Supporting 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.