New President and CEO, Board Members, appointed to Infrastructure Ontario
TORONTO, Feb. 27, 2017 /CNW/ - Infrastructure Ontario's (IO) Board of Directors is pleased to announce the appointment of Mr. Ehren Cory as the new President and CEO of Infrastructure Ontario.
Mr. Cory has served as a member of IO's Executive since December 2012, most recently leading the division responsible for delivering major public infrastructure projects such as hospitals, courthouses, roads and public transit. Mr. Cory and the IO Executive team will continue to focus on partnering to deliver public infrastructure projects successfully, providing loans for public infrastructure and managing the province's portfolio of buildings and lands.
In addition, Ms. Johanne Brossard, Ms. Kathy Milsom and Ms. Deb Barrett are newly appointed members of Infrastructure Ontario's Board of Directors. The skills and experience of Ms. Brossard, Ms. Milsom and Ms. Barrett in finance, real estate, engineering and accounting significantly enhance the Board's depth of experience in these areas. The addition of these well-respected leaders further positions IO as a world-leading organization.
- Ontario is making the largest infrastructure investment in hospitals, schools, public transit, roads and bridges in the province's history. To learn more about what's happening in your community, visit Ontario.ca/BuildON.
- According to Ontario's 2017 Long-Term Report on the Economy, every $1 spent on public infrastructure has been shown to increase GDP by $6 in the long term.
- Ontario's next long-term infrastructure plan will be released in 2017. The plan will lay out the province's infrastructure vision for the next decade, while demonstrating how strategic capital investments can positively impact productivity, growth and service delivery across Ontario.
Bob Chiarelli, Minister of Infrastructure
"Infrastructure Ontario has a strong track record, and is committed to modernizing public infrastructure and real estate while protecting the public interest."
Linda Robinson, Chair of the Board of Directors, Infrastructure Ontario
"IO's Board of Directors is very confident in Mr. Cory's leadership skills, public sector experience and knowledge of infrastructure and real estate. IO's renewed leadership will continue to successfully create partnerships to deliver major public infrastructure projects, provide loans to support public infrastructure and manage government real estate."
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SOURCE Infrastructure Ontario
For further information: Lee Greenberg, Infrastructure Ontario, 416-326-9357