Le Lézard
Classified in: Environment, Business
Subjects: ENI, CPG

Insurance Bureau of Canada (IBC) Congratulates Ontario Government on Green Infrastructure Announcement


TORONTO, Oct. 28, 2019 /CNW/ - Starting today, communities in Ontario with populations under 100,000 can apply for funding to support stormwater and wastewater infrastructure through the Green Infrastructure stream, part of the joint federal/provincial Investing in Canada Infrastructure Program (ICIP).   

Insurance Bureau of Canada (CNW Group/Insurance Bureau of Canada)

"IBC congratulates the Ontario government for investing in stormwater and wastewater infrastructure," said Kim Donaldson, Vice-President, Ontario, IBC. "We have been calling for investments in flood defence infrastructure. These investments will help protect people and communities from the impacts of extreme weather and flooding. We're happy to see that smaller communities are now eligible for this funding," added Donaldson.

The initial intake of the Green Infrastructure stream targets projects in communities where it is needed most. Municipalities, First Nations, local service boards, conservation authorities and other not-for-profit entities that own eligible infrastructure assets may apply for project funding up to a maximum of $3 million in total per project for eligible costs. Approximately $200 million will be available in federal and provincial funding.

About Insurance Bureau of Canada
Insurance Bureau of Canada (IBC) is the national industry association representing Canada's private home, auto and business insurers. Its member companies make up 90% of the property and casualty (P&C) insurance market in Canada. For more than 50 years, IBC has worked with governments across the country to help make affordable home, auto and business insurance available for all Canadians. IBC supports the vision of consumers and governments trusting, valuing and supporting the private P&C insurance industry. It champions key issues and helps educate consumers on how best to protect their homes, cars, businesses and properties.

P&C insurance touches the lives of nearly every Canadian and plays a critical role in keeping businesses safe and the Canadian economy strong. It employs more than 128,000 Canadians, pays $9.4 billion in taxes and has a total premium base of $59.6 billion.

For media releases and more information, visit IBC's Media Centre at www.ibc.ca. Follow us on Twitter @IBC_Ontario or like us on Facebook. If you have a question about home, auto or business insurance, contact IBC's Consumer Information Centre at 1-844-2ask-IBC.

SOURCE Insurance Bureau of Canada


These press releases may also interest you

at 07:05
Avolon, the international aircraft leasing company, issued its 2020 outlook paper titled ?Navigating Through Turbulence'. The paper, written by Avolon's Jim Morrison and Steve Mason, reviews key aviation industry trends in 2019 and offers fearless...

18 jan 2020
The Honourable Bernadette Jordan, Minister of Fisheries, Oceans, and the Canadian Coast Guard, and Terry Beech, Parliamentary Secretary to the Minister and Member of Parliament for Burnaby North-Seymour, met with the High Bar and Stswecem'c Xgat'tem...

17 jan 2020
In April 1970, millions of people around the world mobilized to demand protection of the planet we call home. That historic day gave birth to the modern environmental movement known as Earth Day, and 50 years later, it's become the planet's largest...

17 jan 2020
Paul Lefebvre, Parliamentary Secretary to the Honourable Seamus O'Regan, Canada's Minister of Natural Resources, will deliver opening remarks at the Association for Mineral Exploration (AME) Roundup conference in Vancouver. He will also deliver...

17 jan 2020
Thermostat Recycling Corp. collected 3% more pounds of mercury from thermostats in 2019, when compared with its efforts in 2018. There were 160,735 converted mercury thermostats collected and recycled in 2019 compared...

17 jan 2020
To ensure companies and cities are doing enough to restore balance to all of Earth's natural systems alongside climate, 25+ organizations have formed the Science Based Target Network (SBTN), a sponsored project of Rockefeller Philanthropy Advisors....



News published on 28 october 2019 at 10:45 and distributed by: