We don't know how it will be divided, but a shared deal between the provincial and federal governments will mean up to $4 billion for municipalities in the province.
That money is for all 444 Ontario municipalities. The province says the funding will help local governments avoid major tax hikes or cuts to public services. Details on how the money will be divided are expected in the coming days.
"By working together, we have united the country in the face of the immense challenges brought on by COVID-19 and secured a historic deal with the federal government to ensure a strong recovery for Ontario and for Canada," said Premier Ford. "I want to thank Ontario's 444 local leaders who supported us through our negotiations with the federal government and through each stage of reopening. We will continue to be a champion for our municipal partners as they safely reopen their communities and ensure people can get back to work."
The agreement includes $777 million from the federal government and $1.22 billion from the province to support municipalities. Plus, the federal and provincial governments will share a $2 billion allocation to public transit.