Ontario Lottery and Gaming Corporation provided $2,934,300 to the City of Peterborough in Fiscal Year 2023 as its share of gaming revenue from Shorelines Casino Peterborough in a tree-planting event at Bowers Park on Thursday morning.
There were 70 trees planted to highlight the City’s use of $1.8 million from the host community revenue to support urban forestry activities.
In previous years, the City has used its OLG revenue to help fund projects such as the construction of Quaker Foods City Square, building splash pads, supporting the new Canadian Canoe Museum project and expanding the City’s trails and cycling network.
“Through investments in our urban forest to maintain the tree canopy and to plant new trees, we are enhancing the quality of life and well-being for the community,” said Councillor Joy Lachica. “Trees are incredibly important, especially in urban areas where they help filter pollutants from the air, contribute to stormwater management, and provide a cooling effect – an oasis amid the heat of the built environment.”
“OLG is proud to be a vital part of the City of Peterborough, said Kathleen Devine, OLG’s senior municipal relations manager. “Each and every year, 100 per cent of OLG profits are reinvested in Ontario to support provincial priorities. From critical infrastructure to important local programs, to community festivals, OLG’s profits are hard at work in Peterborough and all across our province to build stronger communities.”