Ontario’s Community Building Fund
The budget invests $100 million over 2 years to support community tourism, cultural and sport organizations. Funding support will be available to municipalities. The program will be delivered by Ontario Trillium Foundation through two streams. One stream will provide funding to municipalities to make investments in infrastructure rehabilitation and renovation, to meet and address public health protocols and local community needs.
Seniors
The budget puts forward an investment in Seniors Active Living Centres in the amount of $3.1 million over the next fiscal year (2021-22).
In addition, Ontario is proposing new tax relief to help seniors live safely at home longer through the new Seniors’ Home Safety Tax Credit for the 2021 taxation year, providing a 25 per cent credit on eligible renovations of up to $10,000.
Inclusive Community Grants Program
The budget invests $2 million over 2 years to fund the development of community supports that promote healthy and active aging, support social engagement, and help with participation in the labour force.
Within today’s budget, there are several repeated provincial announcements that were made throughout the year. For this budget update, many of them have been omitted for brevity as they have been shared by AMO previously to members.
AMO will continue to review the budget details as well as the proposed legislation that is expressed to follow the budget. Updates will be provided as additional information becomes available.
AMO Contact: Rick Johal, Senior Advisor, rjohal@amo.on.ca , 905-962-7425.
*Disclaimer: The Association of Municipalities of Ontario (AMO) is unable to provide any warranty regarding the accuracy or completeness of third-party submissions. Distribution of these items does not imply an endorsement of the views, information or services mentioned.