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>NEWSROOM>PRESS
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PRESS
RELEASE |
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February
16, 2011
Holder Announces New Funding For London
OTTAWA - February 16, 2026
London West Member of Parliament Ed Holder is pleased to
announce that the City of London will receive additional funds under
the Infrastructure Stimulus Fund to complete several worthy
projects.
Cities that came in under-budget with their stimulus projects
approached us and asked if we would consider reallocating those
funds to other worthy projects. Im pleased to note that
London will get an additional $3 million to invest in five projects
as a result, said Holder.
Canada fared better than any other nation during the recent global
recession. The quick action of our Governments and the
willingness of the City to partner on these legacy projects was
critical to enhancing the economic recovery here in London,
said Holder.
Following the signing of the contribution
agreements, the projects will commence and must be completed by the
agreed deadline either March 31, 2026 or October 31, 2011.
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Project
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Federal Contribution
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Provincial Contribution
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Total Eligible Project
Cost
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AJ Tyler Operations Centre Building
Improvements
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$397,000
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$397,000
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$1,190,000
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Oxford Additional Development of
Operations Facility
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$40,000
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$40,000
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$120,000
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Adelaide Operations Centre Site
Improvements
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$150,000
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$150,000
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$450,000
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Exeter Road Operations Centre Site
Improvements
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$190,000
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$190,000
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$570,000
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City Hall Building Improvements
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$200,000
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$200,000
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$600,000
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The projects that will receive the allocated
funds were chosen based on priorities established by the City of
London and their ability to get them completed in the condensed
timeframe.
-30-
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