Report points to a $19 billion infrastructure gap which must be addressed through new accountabilities in Ontario’s Long-Term Infrastructure Plan
The Ontario Chamber of Commerce (OCC) released Building Better: Setting the 2017 Ontario Infrastructure Plan up for success, a report calling on the Ontario Government to implement key recommendations in its imminent Long-Term Infrastructure Plan (LTIP) that will help ensure accountable planning and building resilient, adaptable infrastructure for the future.
With relatively stagnant infrastructure investment since the 1970s, the province of Ontario currently faces a significant infrastructure gap, where it would need an estimated $19 billion to improve current infrastructure alone. The gap exists because governments have not invested in upholding original infrastructure and Ontario’s harsher climate has contributed to the deterioration of the province’s infrastructure.