The Ontario government has pledged more than $45 million to support the reconstruction of the South Common Community Centre and Library in Mississauga; the city will contribute a further $16 million.

The national association’s submission makes a series of recommendations aimed at securing a stable, long-term infrastructure funding pipeline.

Building permit values in 2020 jumped more than 15 percent over 2019’s total—despite the pandemic. Permit values for the first five months of 2021 are already well ahead of that pace.

A report to council suggests new tools the city could use to bring in revenue that would help it close its $3.5-billion infrastructure gap. The tools would, however, require changes to the Municipal Act.

After four consecutive months of record highs, building permit values crashed in May, losing 14.8 percent compared to April and ending a four-month run of record performances.