Fedeli Announces Further Financial Relief for NipissingDecember 16, 2020
Funding will help ensure local government avoids operating deficits in 2021
NIPISSING – Today, Vic Fedeli, MPP for Nipissing announced that area communities will receive an additional $452,000 in Safe Restart Agreement funding. The discretionary funding will be used to offset operating costs for critical services and help ensure that municipalities do not carry an operating deficit into 2021.
“This funding will provide our communities with the support they need to continue delivering critical services that we all rely on everyday,” said MPP Vic Fedeli. “Today’s announcement will help the municipalities in Nipissing develop a 2021 budget that reflects the reality of COVID-19 and give them the confidence they need to proceed with capital projects that will drive economic growth.”
Municipalities receiving Government Phase 2 Allocations:
North Bay $250,000
East Ferris $22,000
The Ontario government is allocating an additional $695 million across the province to provide financial relief for municipalities and help ensure they do not carry operating deficits into 2021.This investment builds upon the first phase of the federal-provincial Safe Restart Agreement announced this summer.
Of the $695 million announced today, $299 million is being allocated across all 444 municipalities to help provide more financial relief, as 2021 operating budgets are finalized. An additional $396 million is also being allocated to 48 municipalities that have been hardest hit by COVID-19 and who have demonstrated a need for additional assistance in covering their 2020 operating deficits.
• The federal-provincial Safe Restart Agreement is a historic partnership that secured up to $4 billion in emergency funding for Ontario’s municipalities to help them on the road to a safe recovery.
• In August, an initial investment of $1.6 billion was provided so every Ontario municipality could address their operating pressures, support transit systems and help vulnerable people.
• The Ontario government has provided $510 million to municipalities and Indigenous community partners through the Social Services Relief Fund to help protect the health and safety of vulnerable people during COVID-19.
• The province has made an additional three-year, $45-billion commitment to help communities recover as part of Ontario’s Action Plan: Protect, Support, Recover. This includes critical investments in health and other initiatives, to ensure Ontario is more resilient in the future.
• Ontario is also supporting municipalities in finding budget savings and efficiencies through the Audit and Accountability Fund and Municipal Modernization Program — supporting municipalities with third-party audits and service reviews. Municipalities have already received $215 million through these programs.