FINANCIAL_SERVICESAPPROVED

The Nation Municipality Awards $9,360,000 Financial Services Contract to Ontario Infrastructure & Lands Corporation (August 2026)

The Nation Municipality passed By-law 121-2026 to apply to the Ontario Infrastructure and Lands Corporation for up to $9,360,000 in temporary and long-term financing for the Caron Booster Station Upgrade. The arrangement will start as a construction loan and convert to long-term debentures subject to provincial financing terms.

Status
APPROVED
Document date
August 7, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ontario Infrastructure & Lands Corporation
Agency
The Nation Municipality · Canada

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$9,360,000
Contract type
FINANCIAL_SERVICES
Contract term
Temporary construction loan to be converted to long-term debentures; term not to exceed 40 years
Renewal
Financing will begin as a temporary construction loan and later convert to a long-term debenture; the maximum term may not exceed the useful life of the works or 40 years, per the Municipal Act and O. Reg. 403/02.
Document type
AgendaPacket
Source document
The Corporation of The Nation Municipality Special Council Agenda 2026-08-10

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by The Nation Municipality?

Ontario Infrastructure & Lands Corporation was awarded this financial services contract by The Nation Municipality, as recorded on August 7, 2026. The contract value is $9,360,000.

How much is the Ontario Infrastructure & Lands Corporation contract with The Nation Municipality worth?

The Ontario Infrastructure & Lands Corporation contract with The Nation Municipality is valued at $9,360,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in The Corporation of The Nation Municipality Special Council Agenda 2026-08-10 (AgendaPacket), dated August 7, 2026 from The Nation Municipality. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure & Lands Corporation hold?

Ontario Infrastructure & Lands Corporation may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Ontario Infrastructure & Lands Corporation's profile

What is The Nation Municipality currently buying?

Explore The Nation Municipality's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View The Nation Municipality's profile

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