July 27 - Premier Ford, Minister Phillips, Minister Clark, and Minister Mulroney announced that the Ontario government, in partnership with the federal government, is providing up to $4 billion in urgently needed one-time assistance to Ontario’s 444 municipalities. This funding will help local governments maintain the critical services people rely on every day, including public transit, while dealing with potential municipal budget shortfalls that could be as high as $4 billion.
Throughout the pandemic, we have worked with our municipal partners to provide them with the necessary tools and supports they need, including $350 million in social services supports. Working with the federal government, Ontario has come to the table as full funding partners to support our municipal partners through this agreement.
This agreement is a great deal for Ontario and a great deal for Canada. Through this historic agreement, municipalities will have the support and flexibility they need to address budget shortfalls related to COVID-19, stop the spread of the virus, and chart a path to a strong recovery for their communities.