Peterborough Benefits from Ontario Support for Main Streets

full bike rack

Decorative downtown streetlight with flowers in a hanging basket

Residents and small businesses of Peterborough will soon benefit from the Government of Ontario’s Main Street Revitalization Initiative. This initiative makes an investment in Ontario communities’ main streets that will help support and grow small business and improve the aesthetic appeal of main street areas.

Peterborough received $101,273.64 over two years, beginning in 2018. The Downtown Decorative Streetlight Enhancement project will see the majority of decorative street lights in the downtown core upgraded with a new powder coated metal decorative base. This will improve the aesthetics of these lights and enhance the downtown appearance.

The funding is made available by the Ontario Ministry of Agriculture, Food and Rural Affairs for all single- and lower-tier municipalities to implement local Community Improvement Plans and invest in municipal infrastructure to improve their downtown and main street areas. Funding is upfront, allocation-based and projects are selected by municipal councils.

Investments in main street areas help small business and tourism grow by attracting residents and visitors to communities.

Quotes

“Vibrant main streets help attract visitors, create jobs and increase the competitiveness of small businesses, which are the backbone of our communities. The Main Street Revitalization Initiative helps communities enhance and revitalize main streets and demonstrate that all of Ontario is open for business.”

- Ernie Hardeman, Minister of Agriculture, Food and Rural Affairs

“The downtown core is a vibrant and important component of our community, that’s why I am pleased to hear of the more than $100,000 investment in improving the beauty and business environment of our downtown. I look forward to seeing for myself the finished work when I am shopping in the area next!”

- Dave Smith, Peterborough-Kawartha MPP

“Our central area is a social and economic hub. We want to encourage smart growth and intensification, including more people living and working in the city core. This investment builds on our community’s efforts to support the vibrancy and sustainability of the downtown.”

- Diane Therrien, Mayor, City of Peterborough

"AMO is pleased that the Government of Ontario has made funding available for our communities’ main street areas, which are often the anchors of local communities. The upfront, allocation-based funding recognizes that municipal governments are in the best position to work with local businesses to identify priority projects for this funding.”

- Jamie McGarvey, President of the Association of Municipalities of Ontario (AMO)

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