FINANCIAL_SERVICESONGOING

OILC Finances Cassellholme Redevelopment Project

Ontario Infrastructure and Lands Corporation financed the $57.7 million Cassellholme redevelopment project. East Ferris expects construction to be completed in 2028 and will fund its share of the resulting long-term debt payments.

Document date · October 5, 2026

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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
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
$57,695,599 total construction cost financed by the creditor
Contract type
FINANCIAL_SERVICES
Contract term
30-year financing period; construction anticipated to be completed in 2028
Renewal
Financing is described as a 30-year borrowing arrangement; no renewal or extension option is stated.
Document type
AgendaPacket
Source document
Municipality of East Ferris AgendaPacket Special Meeting of Council 2026-10-05

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Township of East Ferris?

Ontario Infrastructure & Lands Corporation was awarded this financial services contract by Township of East Ferris, as recorded on October 5, 2026. The contract value is $57,695,599 total construction cost financed by the creditor.

How much is the Ontario Infrastructure & Lands Corporation contract with Township of East Ferris worth?

The Ontario Infrastructure & Lands Corporation contract with Township of East Ferris is valued at $57,695,599 total construction cost financed by the creditor, 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 Municipality of East Ferris AgendaPacket Special Meeting of Council 2026-10-05 (AgendaPacket), dated October 5, 2026 from Township of East Ferris. 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 Township of East Ferris currently buying?

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

View Township of East Ferris's profile