Asset Management Requirements in Ontario | Canada Community-Building Fund

Requirements Under the Canada Community-Building Fund

AMO administers the Fund for 443 municipalities in Ontario who are subject to the CCBF funding agreements. The Municipal Funding Agreement states that recipients will develop and implement an asset management culture, plan, and methodology in accordance with Ontario regulation.

ASSET MANAGEMENT REPORTING REQUIREMENTS

Municipalities must demonstrate:

That asset management plans are being used to guide infrastructure planning and investment decisions; and
That Canada Community-Building funds are being used to address priority projects identified in the plans.

Municipalities met this requirement by:

Submitting a copy of their most recent Council-approved asset management plan; and
Responding to a questionnaire in 2025 as part of 2024 CCBF reporting to capture the status of their asset management program.

Provincial Requirements Under o. Reg. 588/17

Ontario Regulation 588/17: Asset Management Planning for Municipal Infrastructure (O. Reg. 588/17) was adopted in 2018. O. Reg. 588/17 requires all municipalities in Ontario to advance their asset management programs by complying with the development and implementation of a policy and plans by specified deadlines. The requirements under the regulation are listed below:

Develop a strategic asset management policy by July 01, 2019
Post the most recent, council-approved, asset management plan on their website and share the link with the province
Develop an AMP including core infrastructure assets with current levels of service by July 01, 2022
Develop an AMP including all infrastructure assets with current levels of service by July 01, 2024
Develop an AMP with proposed levels of service, and lifecycle management and financial strategy by July 01, 2025
Review and renew the asset management policy and plan every 5 years