How was Infrastructure Ontario’s municipal debenturing process set up?
Infrastructure Ontario staff spoke to several large and small municipal borrowers prior to setting up the debenturing process. The result is a process that is very similar to other debenture processes. Infrastructure Ontario‘s debenture process will meet the accountability needs of both the province and borrowers, and is consistent with the current process used by borrowers when they go to the capital markets to sell debentures. Infrastructure Ontario is committed to providing high quality customer service. As has been the case since the start of the 2003-04 loan process, Infrastructure Ontario staff will work closely with borrowers to assist them with the loan process.
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