Asset Management Requirements in Ontario

Requirements Under the Canada Community-Building Fund

AMO administers the Fund for 442 municipalities in Ontario. The Administrative Agreement requires municipalities to continue to develop an asset management culture and methodology in their community. Municipalities must demonstrate progress with the ultimate goal of having an asset management plan (AMP) in place. The AMP should identify the current level of service and local infrastructure investment priorities.

Municipalities are expected to continuously improve and implement their existing asset management plans in accordance with the requirements of the Asset Management Planning Regulation. Municipalities must continuously improve asset data informing on asset condition, long-term costs, levels of service, and risk. 

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 plans; and
  • Responding to a questionnaire in 2021 to capture progress made during 2017-2021 in improving the quality of plans including current or recent initiatives based on the requirements of the Asset Management Planning Regulation under the Infrastructure for Jobs and Prosperity Act, 2015.

Reporting requirements are guided by the Asset Management Outcomes Working Group.

Provincial Requirements Under o. Reg. 588/17 

  • 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 asset management plan including core infrastructure assets with current levels of service by July 01, 2022
  • Develop an asset management plan including all infrastructure assets with current levels of service by July 01, 2024
  • Develop an asset management plan with proposed levels of service, and lifecycle management and financial strategy by July 01, 2025