Mississauga Faces $118 Million Annual Infrastructure Funding Gap Despite Strong Asset Condition
The Mississauga Infrastructure Funding Gap highlights growing investment needs for roads, transit, facilities and public services.
MISSISSAUGA — The City of Mississauga’s infrastructure remains largely in fair to good condition, but a new report approved by City Council warns that continued investment will be needed to address a projected average annual funding gap of $118.4 million over the next decade.
The findings are outlined in the City’s 2026 Corporate Asset Management (CAM) Plan, which evaluates nearly $19.8 billion worth of municipal infrastructure assets and identifies long-term funding requirements needed to maintain services and support future growth.
City officials say the plan provides a roadmap for maintaining roads, transit systems, stormwater infrastructure, parks, libraries, community centres and other essential public assets that residents rely on every day.
Managing Nearly $20 Billion in Municipal Infrastructure
According to the report, Mississauga currently manages approximately $19.8 billion in infrastructure assets across 11 major service areas.
The largest asset categories include:
- Stormwater infrastructure: $7.8 billion
- Roads: $5.8 billion
- Facilities and Property Management assets: $2.8 billion
- Parks, Forestry and Environment assets: $2.0 billion
- MiWay transit assets: $1.0 billion
Most asset categories were assessed as being in fair to good condition, with stormwater infrastructure, parks, transit, libraries and recreation facilities receiving overall “good” ratings.
Roads, facilities, fire services, information technology and the corporate fleet were rated as being in “fair” condition.
From roads and bridges to parks and stormwater system, Mississauga’s infrastructure is holding strong.
City Council has approved the 2026 Corporate Asset Management Plan (CAM). The Plan shows that assets are generally in fair to good condition, with a total value of $19.8… pic.twitter.com/F6bInl08NS
— City of Mississauga (@citymississauga) June 26, 2026
Roads Account for Largest Funding Pressure
While the City’s infrastructure remains in relatively strong condition overall, the report identifies significant funding challenges ahead.
Road infrastructure represents the largest funding gap, requiring an average of $78.4 million annually beyond currently available funding levels to maintain assets in a state of good repair.
Facilities and Property Management assets account for an additional $28 million annual gap, while parks, transit, fire services and libraries also require ongoing investment.
Together, these shortfalls contribute to the City’s projected average annual infrastructure funding gap of $118.4 million over the next 10 years.
Growth and Inflation Driving Costs
Municipal officials say Mississauga’s continued population growth, aging infrastructure and rising construction costs are placing increasing pressure on municipal finances.
As more residents use roads, transit systems, libraries, community centres and public facilities, maintenance and replacement costs continue to rise.
The City also notes that municipalities have fewer revenue tools available than provincial and federal governments, relying primarily on property taxes, development-related charges, user fees and grants.
Infrastructure projects are funded through a combination of property taxes, development charges and funding from senior levels of government.
Planning for the Future
Mississauga’s annual Corporate Asset Management Plan helps City staff and Council identify infrastructure priorities, allocate resources and plan long-term investments.
The report also helps the City meet provincial asset management requirements and strengthen its eligibility for future infrastructure grants and funding opportunities.
Mayor Carolyn Parrish said maintaining infrastructure is essential to preserving quality municipal services.
“Residents and businesses rely on City infrastructure every day, whether they are driving to work, visiting a community centre, taking transit or enjoying a local park,” Parrish said. “Our plan shows that Mississauga’s assets are generally in good shape.”
Marisa Chiu, Commissioner of Corporate Services, Chief Financial Officer and Treasurer, said responsible financial planning has helped keep municipal assets in strong condition but emphasized that continued investment will be required as the city grows.
Continued Improvements Underway
City staff are working to improve asset management practices through enhanced data collection, improved condition monitoring and stronger coordination between departments.
Officials say these efforts will help prioritize investments, manage risks and ensure Mississauga’s infrastructure continues to support residents, businesses and future development.
As Mississauga continues to grow, the CAM Plan will remain a key tool for balancing infrastructure needs with financial sustainability while maintaining reliable municipal services.
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