Cable & Telecom

Details for Canada/Ontario $1.2B joint high-speed Internet funding announced (updated)

ONTARIO – The government of Canada and the province of Ontario announced last week some more details of the more than $1.2 billion in joint funding for high-speed Internet they announced in late July. Funding will be provided for projects in several regions of the province including central Ontario ($230 million), eastern Ontario (over $362 million), northeastern Ontario (up to over $170 million), northwestern Ontario (over $148 million), southwestern Ontario ($252 million) and Golden Horseshoe (up to over $73 million). The funding will be equally provided by each government. The federal government’s portion is coming out of the Universal Broadband...