- June 12, 2021
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- Belleville, Ontario
10 Amazing Facts About Belleville
Belleville is a beautiful city which is located at mouth of Moira River on Bay of Quinte in Southern Ontario, Canada along Quebec city – Windsor Corridor. It is seat of Hastings Country and is the centre of Bay of Quinte Region.
10 Amazing Facts About Belleville
1. City of Belleville has more than $3.5 billion assets that includes facilities like bridges, roads, lands, water and sewage treatment.
2. Infrastructure project within “Build Belleville” plan was selected strategically and was linked to the economic growth to ensure that balance of infrastructure gap can be financed by increased revenues.
3. Interest rate is too low i.e 3.4% interest rate for 20 years.
4. City of Belleville is in good financial condition and thanks to gas tax revenues, government grants, good fiscal management, City hasn’t borrowed great deal of money and given millions of recently invested in critical infrastructure.
5. City of Belleville is in good competitive position in Ontario just to attract new industry, new businesses and more permanent residents.
6. Belleville is very close to commercial markets that include Montreal, Ottawa, Toronto and US with excellent fibre option, rail and roads network to support location.
7. All of the taxes reduced by Council for businesses.
8. Living cost in Belleville is too competitive.
9. Bay of Quinte and neighbouring communitieshave lots to offer good quality of life.
10. Wellness facilities and first class sportare best available in Belleville.
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