We may find out soon if Muskoka will get an expanded fibre optic internet network.
Earlier this year, Lakeland Networks applied for a grant from the $500 million federal Connect to Innovate Program. The company was looking for funding to take on a $25 million fibre optic expansion project.
Lakeland Holding Ltd. CEO Chris Litschko says they were expecting to hear back about the application in the summer. Litschko says the program ended up getting nearly 900 applications totalling over $3.6 billion. Because of that, the funding announcements are just starting to come out now.
If approved, Lakeland Networks could get up to 75 per cent of this project cost returned after it’s completed. The upgrade would bring faster internet to nearly 4,000 homes in rural areas in Muskoka.