July 20, 2020 By Ontario Construction News Staff Writer
On July 15, it was confirmed that a new highway 7 will be built to connect Guelph and Kitchener by the provincial government.
“We heard loud and clear that a new Highway 7 has long been a top priority for local residents, therefore today’s commitment is a clear signal that we are moving forward on this essential project,” area MPPs Mike Harris, Amy Fee and Belinda Karahalios said in a joint statement.
New Highway 7 has been talked about for decades and the preliminary work including environmental and the Victoria Street overpass have been completed. The province has committed to fund the project with $2.6 billion dollars for their allotment to infrastructure projects together with $760 million for expansion projects.
“The County of Wellington is pleased that the Ford government is making good on its commitment to take infrastructure renewal across this province seriously. The moving from talk to action is the hallmark of good government, and we’re pleased we’re getting closer to action,” said Wellington County Warden Kelly Linton.
The expansion of Highway 7 will improve access to Ontario’s innovation corridor for people living in Guelph and working in Kitchener-Waterloo.
What does this mean?
This article is fascinating, even enlightening, but you may have no idea what to do with the information it provides.
It’s dangerous to load up on knowledge and move without the practical wisdom to act.
Every week, our coaches post real estate insights and stories from the streets. They unpack real deals, breaking down the numbers, and highlight trends that their clients are making money off of.
Their wisdom is freely available to you right here.
Sign up for the iWIN Real Estate Newsletter now so you never miss the practical wisdom we are already sending to thousands of investors in Ontario.