Asset Management

Corporate Asset Management

On January 1, 2018, Ontario Regulation 588/17: Asset Management Planning for Municipal Infrastructure came into effect. This regulation sets out requirements for municipal asset management planning to help municipalities better understand their infrastructure needs and inform infrastructure planning and investment decisions. The regulation sets out a 'phased introduction' to meeting these objectives:

• Phase I: Involves core assets such as Water, Wastewater, Stormwater, Roads, Bridges and Culverts by July 1, 2022;
• Phase II: Involves All Municipal Assets by July 1, 2024;
• Phase III: Involves proposed levels of service and lifecycle management and financial strategy by July 1, 2025.

In 2019, Council adopted a new Asset Management Policy and Strategy as the founding pieces of a new way forward in looking after our assets. The objective of developing the Plan was to:

• Develop Community and Technical Levels of Service for each asset group;
• Compile condition data;
• Determine the state of the infrastructure;
• Develop a financial strategy to meet the short and long term desired levels of service;
• Determine staffing and software needs to properly undertake a new way of managing our assets

“As of 2026, the Town has successfully met the objectives set out under Ontario Regulation 588/17. Our focus has now shifted to annual reporting obligations under regulation, as well as continuing to advance the maturity of our asset management system through improved processes and data integrity.

The Town is now diligently working to implement these new philosophies as part of our Corporate Strategy; to have Sustainable Infrastructure for the Future. To this end, residents can now access a host of materials related to this initiative.

Additional Resources

Town of Fort Erie's Asset Management Brochure

Asset Management Planning Video

Information contained in the documents attached to the webpage or the information on the webpage itself is subject to change or be updated without notice. Asset Management information is constantly being updated as conditions of assets can improve or deteriorate on an ongoing basis. We will do our best to keep the information update and relevant. Any road condition information or plans for improvements can also change and should not be interpreted as being final.