Ontario pumps $70M into Collingwood water plant expansion helping to pave way for new homes
The Ontario government is pumping $70 million into Collingwood's water treatment plant expansion, paving the way for new homes.
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The water treatment plant comes with a $270 million pricetag, nearly double its initial estimate, and would be shared between Collingwood and New Tecumseth.
"This project is the largest investment in Collingwood and New Tecumseth's history, and tremendous effort has gone into reaching this point," noted Collingwood Mayor Yvonne Hamlin.
The two towns have shared treated water for 25 years.
"By partnering with the Towns of Collingwood and New Tecumseth, the government of Ontario is making sure that the proper linear infrastructure is in place to support responsible growth that includes much-needed housing, schools, hospitals, and businesses," Saunderson stated.
Town staff continue to probe ways to finance the project that is expected to be completed in 2031.
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