Ontario government to set up public corporation to build water and sewage infrastructure

The Ontario government is establishing a public corporation to develop water and sewage infrastructure, commencing with a pilot project in the Region of Peel. This initiative involves the Ontario government, the Region of Peel, and Ontario Corps, with OMERS Infrastructure playing a role through Ontario Corps. The creation of this public corporation signals a strategic shift towards publicly-led infrastructure development in the utilities sector within Ontario. The deal's value remains undisclosed, and further details regarding project specifics and timelines are pending. This development is notable due to the involvement of the Ontario government and OMERS Infrastructure, a major player in Canadian infrastructure investment. The establishment of a public corporation for infrastructure development could potentially reshape the landscape of utilities projects in the province, influencing future procurement models and private sector participation. The water and sewage infrastructure sector is crucial for sustainable urban development and public health, making this initiative strategically important for Ontario's long-term growth.