Ontario allots cash to rebuild public infrastructure
The Ontario government has devised a $30 billion, five-year plan to rebuild the province's crumbling public infrast...
The Ontario government has devised a $30 billion, five-year plan to rebuild the province’s crumbling public infrastructure.
Dubbed, ReNew Ontario, the strategy is to use the money to construct and repair highways, public transit, hospitals and schools, which are falling apart after years of underfunding.
Of the $30 billion, about $11.4 will be spent on transportation and public transit, while $10 billion has been allotted for improvement of public schools and post-secondary educational facilities. Additionally, about $5.0 billion of the total spend will be invested in 105 hospital projects by the end of 2010.