Governments will chip in for broadband in eastern Ontario

Bloomfield, ON - The construction of a broadband network in eastern Ontario is one step closer now that the federal and provincial government have agreed to jointly set aside up to $110 million for the project.The governments of Canada and Ontario pledged to allocate up to one-third of total eligible costs of the project, to a maximum contribution of $55 million. Eastern Ontario Wardens' Caucus (EOWC) Incorporated and private sector partners will provide the remaining funding, with EOWC Inc. contributing up to $10 million. The total eligible costs of this project are estimated to be $170 million.Once completed, the network will provide...