A Five-Year Infrastructure Investment Plan

For the first time in Ontario’s history, the government released a five-year infrastructure investment plan in May 2005.

ReNew Ontario is a plan of action that directs infrastructure investments to the areas that Ontarians have said are their priorities – health care, education and economic prosperity. It’s a $30 billion plus investment plan that signals a renaissance for Ontario’s public infrastructure.

Through ReNew Ontario, the government is matching its investment decisions with land use and community development to stimulate economic growth, build infrastructure where it can best be accommodated, and at the same time, safeguard Ontario’s rich agricultural assets and natural heritage.

• Five-Year Investment Plan Will Help Ensure High-Quality Services for Ontarians [News Release: May 25, 2005]

Some highlights of the ReNew Ontario plan include:

• New ‘made-in-Ontario’ approaches to financing and managing large, complex infrastructure projects.
  
  
• Hospitals – together with its partners, the government is investing more than $5 billion for health care projects by 2010.
  
  
• Investments in schools, universities and colleges totaling $10 billion by 2010.
  
  
• Transportation investments valued at $11.4 billion by 2010.
  
  
• New affordable housing investments of more than $600 million by 2010.
  
  
• Updating justice sector infrastructure with investments of $1 billion by 2010.
  
  
• Investments in water and wastewater systems in partnership with the federal and municipal governments.
  
  
• Investing in Northern Ontario and rural communities for opportunities and economic prosperity.
  
  
• Planning for growth with more than $7.5 billion investment in the Greater Golden Horseshoe – home to 70 per cent of Ontario’s population