Township financed by OILC long-term debenture | Township of Algonquin Highlands | ONTARIO INFRASTRUCTURE AND LANDS CORPORATION

Scope & details

The full contract record, as filed.

Contract amount

$4,400,000 (debenture principal) plus interest at 4.32% per annum

Contract type

FINANCIAL_SERVICES

Contract term

Monthly instalments of $27,411 including interest, due December 1, 2045

Renewal date

2045-12-01

Renewal

The debenture runs to December 1, 2045 with no renewal; repayment schedule is fixed over the term.

Document type

Agenda

Source document

Township of Algonquin Highlands Agenda 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of Algonquin Highlands?

Ontario Infrastructure and Lands Corporation was awarded this financial services contract by Township of Algonquin Highlands, as recorded on August 13, 2026. The contract value is $4,400,000 (debenture principal) plus interest at 4.32% per annum.

How much is the Ontario Infrastructure and Lands Corporation contract with Township of Algonquin Highlands worth?

The Ontario Infrastructure and Lands Corporation contract with Township of Algonquin Highlands is valued at $4,400,000 (debenture principal) plus interest at 4.32% per annum, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Township of Algonquin Highlands Agenda 2026-08-13 (Agenda), dated August 13, 2026 from Township of Algonquin Highlands. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ontario Infrastructure and Lands Corporation hold?

Ontario Infrastructure and 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.

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What is Township of Algonquin Highlands currently buying?

Explore Township of Algonquin Highlands's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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