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HomeNewsKawartha Lakes to receive $7.3 million in provincial funding to support economic...

Kawartha Lakes to receive $7.3 million in provincial funding to support economic recovery

KAWARTHA LAKES-Municipalities in Haliburton-Kawartha Lakes-Brock will receive $15,671,800 in funding allocations to provide them with flexibility to address the needs of their communities, based on their own local priorities according to MPP Laurie Scott.

The Ontario Municipal Partnership Fund (OMPF) is the Province’s main general assistance grant, that supports 389 municipalities, with a special emphasis on northern and rural communities.

“The OMPF is an important source of revenue for municipalities in HKLB and our government will continue to support the economic recovery through this local, stable, and adaptable funding,” said Laurie Scott, MPP for Haliburton-Kawartha Lakes-Brock.

The program objectives are to:

  • recognize the challenges of northern and rural municipalities, while targeting funding to those with more challenging fiscal circumstances;
  • support areas with limited property assessment; and
  • assist municipalities that are adjusting to year-over-year funding changes.

Of the $15,6 million, Kawartha Lakes is set to receive $7.3 million.

Officials say the funding is in addition to the over $8 million in provincial assistance for the first round of emergency funding under the Safe Restart Agreement which was provided to local communities across Haliburton-Kawartha Lake-Brock in response to the COVID 19 pandemic.

 “Our government recognizes the importance of certainty and stability for municipalities, particularly in these challenging times,” said Rod Phillips, Minister of Finance. “Our government will continue to work together with municipal governments to build a strong foundation for Ontario’s long-term economic recovery, and to improve the quality of life for the people across the province.”

page1image18841984The City has not yet announced how it will used the funds.

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Pamela Vanmeer
Pamela Vanmeerhttps://www.kawartha411.ca/
Pamela VanMeer is a two time winner of the prestigious Radio Television Digital News Association (RTDNA) Award. Her investigative reports on abuse in Long Term Care Homes garnered international attention for the issue and won the Ron Laidlaw Award. She is a former reporter and anchor at CHEX News, now Global Peterborough and helped launch the New CHEX Daily, a daily half hour talk show. While at CHCH News in Hamilton she covered some of the biggest news stories of the day.

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