Cable & Telecom

UBF to plow at least $600M in Ontario broadband

Infrastructure Bank loans may also be involved By Ahmad Hathout SELWYN TOWNSHIP – Ontario’s most ambitious effort to connect the entire province to high-speed internet by the middle of this decade will get at least $600 million from the Universal Broadband Fund (UBF), the federal government confirmed to Cartt.ca, and it may also leverage loans from the Infrastructure Bank. The federal government announced Thursday that the total contribution, split evenly between the provincial and federal government, is $1.2 billion dollars for the fibre-focused broadband mission. Cartt.ca, however, had to confirm with federal officials that the federal portion is coming from...