EORN proposes $1.6 billion "Gig Internet" project, wants government funding (updated)

PETERBOROUGH COUNTY, Ont. — In a press release on Tuesday, The Eastern Ontario Regional Network (EORN) has asked the federal and Ontario governments for funding support to deliver gigabit Internet to homes and businesses in the region through what it envisions as a $1.6-billion public-private partnership. EORN said in the news release it would seek to fund the project through a combination of funding from the federal and provincial governments, loans from the Canada Infrastructure Bank and the private sector. If funding is approved, EORN is hoping to complete construction in five years and while the organization prefers fibre, it...