Today the Ontario Government announced additional details on the Investing in Canada Infrastructure Program (ICIP) COVID-19 Resilience Stream. There will be up to $1 billion available through the stream to build or renovate health and safety related projects. The new funding is meant to provide recipients flexibility in their projects and get shovels in the ground right away. Eligible projects must begin by September 30, 2021 and be completed by December 31, 2021.
Eligible projects under the stream will fall into four overarching categories:
- Community, recreation, health and education renovations (e.g. retrofits, repairs or upgrades to long-term care homes, publicly funded schools and co-located childcare centre facilities, recreation centres or shelters);
- COVID-19 response infrastructure (e.g. heating, ventilation, air-conditioning, new builds or renovations to enable physical distancing);
- Active transportation (e.g. parks, trails); and
- Disaster mitigation, adaptation, or remediation (e.g. flood mitigation)
The maximum size of projects under the stream is set at $10M total eligible costs. For projects under the COVID-19 Resilience stream, the maximum federal contribution from all sources will be:
- Up to 80% for provinces, municipalities, and not-for-profit organizations in the provinces
- Up to 100% for territories, municipalities, and not-for-profit organizations in the territories
- Up to 100% for Indigenous ultimate recipients in provinces and territories
- Up to 25% for for-profit private sector ultimate recipients
The COVID-19 Resilience stream will deliver:
- Up to $700 million for education-related projects to be nominated and administered by the Ministry of Education;
- An allocation-based program that will deliver $250 million to municipalities to address critical local infrastructure needs, including $6.5 million that will be directed toward Indigenous and on-reserve education, through the Ministry of Infrastructure in collaboration with the Ministries of Education and Indigenous Affairs; and
- Up to $100 million for long-term care projects to be identified and administered by the Ministry of Long-Term Care.
More information on the fund and intake opening dates are expected to be come in the next several days. For additional information see the following link: https://www.infrastructure.gc.ca/plan/covid-19-resilience-eng.html#1