In December 2017, Ontario Regulation 588/17 (“the Regulation”) Asset Management for Municipal Infrastructure was passed under the Infrastructure for Jobs and Prosperity Act.
The Regulation firstly required all municipalities to develop a Strategic Asset Management Policy, to provide guidance for future capital investment decisions. The Township adopted its Policy in 2017. Visit the Government of Ontario website for more information on Municipal Asset Management Planning.
The 2026 Asset Management Plan ("AMP") is now available. This AMP includes data on all tangible capital assets ("TCA") such as roads, bridges, buildings, vehicles, land, land improvements, technology, and other equipment.