(Friday, February 13, 2009 - PETERBOROUGH, ONTARIO) Dean Del Mastro, Member of Parliament for Peterborough Riding and Jeff Leal, Member of Provincial Parliament for Peterborough Riding announced today that residents of the Peterborough Riding will benefit from joint federal, provincial and municipal funding to replace, upgrade and rehabilitate a variety of infrastructure projects under the Building Canada – Ontario Communities Program.  These projects are just a small example of the work of all levels of government as they commit to stimulate the Ontario economy by reducing red tape, creating jobs for Ontarians, and getting shovels in the ground sooner.
 
The projects named below will improve transportation efficiency and enhance local facilities and services and create local jobs, when the need for economic stimulus is greatest.
 
The governments of Canada and Ontario will each invest up to $8,252,925.00 in the projects. The City of Peterborough and the County of Peterborough will contribute the balance of the total eligible project costs for a total investment of up to $24,758,775.00.
 
“This announcement today is the result of many months of hard work, research and development put forth by municipal, provincial and federal governments – working together.” stated Dean Del Mastro, Member of Parliament for Peterborough Riding.  “Infrastructure is the backbone of our communities.  Strong infrastructure lays the ground work for economic development, job creation and a better quality of life for our residents.  Today’s announcement can only mean good things for our Riding.”
 
“We believe the strategic investment and infrastructure funding will provide an economic boost to the Peterborough riding during the current difficult economic time.” said MPP Jeff Leal. “At the same time this investment will renew vital infrastructure in and around the Peterborough area.”
 
These projects are just 7 of 289 across the province that will soon break ground thanks to a federal-provincial-municipal investment of more than $1 Billion.  The governments of Canada and Ontario have taken steps to get shovels in the ground and to flow money faster for targeted infrastructure projects in Ontario Communities for the 2009 and 2010 construction seasons.
 
Because the federal and provincial governments understand that infrastructure investments will stimulate the economy, nearly 85 per cent of project applications were approved for funding.
 
PROJECTS
 
Water Infrastructure
Smith – Ennismore – Lakefield Elevated Storage Tank
Total Cost - $5,539,500.00
 
Local Road Infrastructure
Indian River Line Road Bridge Project
Total Cost - $837,999.00
 
Water Infrastructure
Norwood Water System Upgrades and Residential Metering Program
Total Cost - $1,011,000.00
 
Local Road Infrastructure
Deer Bay Bridge and Culvert Replacement
Total Cost - $2,364,339.00
 
Local Road Infrastructure
Hunter Street Bridge Rehabilitation
Total Cost - $13,343,001.00
 
Local Road Infrastructure
Warsaw University Road
Total Cost - $1,202,937.00
 
Waste Water Infrastructure
Decommissioning of Havelock Lagoons
Total Cost - $459,999.00
 
LEARN MORE
 
Get more information about the Communities Component by visiting…
http://www.bcfontario.ca/english/index.html

Learn how the Government of Canada is investing in Ontario infrastructure by visiting…
http://www.buildingcanada-chantierscanada.gc.ca/regions/on/on-eng.html
 
Learn how the Government of Ontario is helping to build and revitalize infrastructure across the province by visiting…http://www.mei.gov.on.ca/english/infrastructure/