Municipalities are responsible for managing and maintaining a broad portfolio of infrastructure assets to deliver services to the community. The goal of asset management is to minimize the lifecycle costs of delivering infrastructure services, manage the associated risks, while maximizing the value ratepayers receive from the asset portfolio.
In many parts of Ontario, existing infrastructure is degrading faster than it is being repaired or replaced, putting services at risk. To help address this issue, the Province implemented the Asset Management Planning for Municipal Infrastructure Regulation, O. Reg. 588/17 as amended by O.Reg. 193/21, effective January 1, 2018. The goal of this regulation is to help improve the way municipalities plan for their infrastructure. The regulation builds on the progress municipalities have made while bringing consistency and standardization to asset management plans to help spread best practices throughout the sector and enable the collection of comparable data.
In response, the Municipality of McDougall, together with its consultant "PSD Citywide Inc.", developed an Asset Management Plan that achieved compliance with O. Reg. 588/17 to the extent of the requirements that must be completed by July 1, 2022. The plan can be found here:
