The Government of Canada and the Government of Ontario have announced that Mississauga will be receiving almost $10 million in combined funding under the Canada-Ontario Clean Water and Wastewater Fund (CWWF) agreement.
City projects approved through the CWWF include flood storage facilities that will mitigate flooding risks, sediment removal from stormwater management ponds to improve water quality, environmental assessments to address erosion control etc.
“This funding announcement is good news for the City,” said Gary Kent, Commissioner, Corporate Services and Chief Financial Officer.
“As with many funding programs, there are strict time lines, but as a result of thoughtful planning, we have Council’s approval for Mississauga’s funding portion and so we are ready to move these projects forward right away.”
The CWWF program is a cost-share funding program that will see the Government of Canada contribute up to 50 per cent of the eligible costs (approximately $6.6 million), the Government of Ontario contribute up to 25 per cent of the eligible costs (approximately $3.3 million) and the City of Mississauga contribute the remaining 25 per cent (approximately $3.3 million) to complete the 10 approved Mississauga projects.