COVID-19 pandemic.In his daily pandemic update on Wednesday afternoon, Premier Doug Ford revealed that $1.6 billion in ‘first-round’ emergency funding would be divided up among Ontario’s 444 municipalities in the fall of 2020.
Ontario budget deficit projected to jump to $38.5 billion in 2020-2021 The funding, part of the Ontario and federal governments’ Safe Restart Agreement, will be broken down into two parts for each region with $695 million earmarked for municipal operating expenditures tied to the pandemic, while $660 will fund regional transit in 110 municipalities with transit systems.Hamilton’s share of the $1.6 billion will be just over $27.6 million earmarked for municipal funding with another $17.2 million going to transit.The.