The multimillion-dollar questionwhy are municipalities experiencing shortfalls in money for infrastructure? Are the shortfalls the sign of a dearth of infrastructure funds, or are they the result of unaffordable investment decisions?
Getting to the bottom of this question is the only way to address the debate surrounding the adequacy of infrastructure financing. In light of recent and pending legislative changes, the Province of Ontario has set for itself the goal of assuring itself and taxpayers that infrastructure needs are genuine and that each recipient municipality is put to the same standard when requesting funds.