Infrastructure Ontario (IO) continues to support its 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: 

• Township of Admaston Bromley for landfill expansion, snow plow, snow blower, equipment shed, and road work projects - CAD 0.25 million (US$ 0.18 million) loan
• County of Elgin for road reconstruction project - CAD 6 million (US$ 4.42 million) loan
• City of Quinte West for new police station - CAD 11 million (US$ 8.11 million) loan
• Township of Tarbutt and Tarbutt Additional, for purchase of sanding/plow unit - CAD 0.25 million (US$ 0.18 million) loan

The Loan Program is one of Ontario’s alternative financing approaches to help municipalities, housing providers and other public-sector partners renew Ontario's public infrastructure. IO loans provide affordable, long-term financing in support of infrastructure development.