The sale of Hydro One to private interests means more money for infrastructure in northern and rural places like Matachewan and Temagami, says the Ontario government.
“Broadening the ownership of Hydro One,” said the Ministry of Northern Development and Mines in a Sept. 15 press release, “raises billions for infrastructure.”
And that feeds the $130-billion funding pool that Queen’s Park has sent up to cut more than $1.6 million in cheques for three northeastern Ontario communities.
The Township of Matachewan will receive $1 million to establish a new commercial and light industrial park and Municipality of Temagami is pocketing $485,155 for new waterfront docks and boat landings to accommodate large watercraft and float planes to berth close to the downtown.
Temagami’s historic train station is also receiving $109,100 for upgrades to allow commercial businesses to operate year-round.
The Local Services Board of Tilden Lake (near North Bay) received $35,000 to reconstruct its community centre.
“Developing an industrial park is a key component towards sustainable growth in Matachewan,” said Andrew Van Oosten, CAO of Matachewan
“These two projects will allow us to diversify and strengthen our economy, and further develop our reputation as a Northern hub for tourism,” added Temagami Mayor Lorie Hunter.
