Canada Infrastructure Bank Investment Shows Great Promise for Ontario Business Community

(Toronto – May 30, 2019) Today Rocco Rossi, President and CEO, Ontario Chamber of Commerce released the following statement in response to the announcement by the Canada Infrastructure Bank (CIB) in partnership with Infrastructure Ontario and Metrolinx.

“We are pleased to see critical investments being made in our Province that will ensure commuters and businesses have access to long-term and reliable transportation. This $2 billion commitment by the CIB delivers new money for GTHA transit and will attract additional investment from the private sector that will strengthen Ontario’s economy.

“The OCC has long advocated for increased investment in critical infrastructure projects. In our transportation report, Moving Forward, we recommended that the Province work in partnership with the CIB to unlock new sources of funding and help build new rail projects, faster.

“Today’s announcement is a promising example of how an innovative and multi-stakeholder approach can achieve mutual objectives for government, businesses, and commuters alike. The OCC will continue to work with government to identify projects that will have an immediate benefit to our Province and help Ontario businesses thrive.”

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For more information please contact: 
Ceara Copps – Edwards
Senior Communications Advisor
Ontario Chamber of Commerce
cearacoppsedwards@occ.ca| Office: (647) 936-6734

About the Ontario Chamber of Commerce
For more than a century, the Ontario Chamber of Commerce (OCC) has been the independent, non-partisan voice of Ontario business. The OCC’s mission is to support economic growth in Ontario by defending business priorities at Queen’s Park on behalf of its network’s diverse 60,000 members.