Replacement cost: $1.3 billion
Current state: Fair
- Asphalt roads
- Surface-treated roads
- Sidewalks
- Lights
Asset Management
Asset management helps improve life in Haldimand County by making informed decisions about our assets—like roads, parks, buildings, and pipes. This approach outlines how assets will be managed throughout their lifecycle to ensure they provide the intended level of service and value to the public while keeping costs down and managing risks.
On this page
What is asset management?
Effective asset management entails a planned and structured approach to managing and maintaining Haldimand County’s infrastructure assets. The goal is to ensure that these assets perform well, last a long time, are cost-effective, and minimize risk. By adopting sound asset management practices, Haldimand County can continue to deliver dependable services to the community in a safe, affordable and sustainable manner.
Asset management covers all stages of an asset’s lifecycle, from initial planning or purchase to eventual replacement or disposal. It allows us to make informed decisions to deliver critical services in the most cost-effective way.
Essentially, asset management is a strategic approach to maximizing the value of assets while balancing cost, risk, and performance to meet the needs of the community.
Ontario municipalities must comply with the regulations outlined in Ontario Regulation 588/17 Asset Management Planning for Municipal Infrastructure.
VIDEO: What is Asset Management? from PEMAC Asset Management Association of Canada
Asset Management Plan
The current Asset Management Plan was approved in June 2025. This plan includes the following assets – road, storm, water and sanitary networks, bridges and culverts, buildings, vehicles, machinery and equipment, and land improvements including parks, pathways, sports fields, outdoor rinks, cemeteries, trees and waste management areas.
Haldimand County has successfully met the 2025 requirements of O. Reg. 588/17. The County will continue to enhance its asset data and develop its asset management program to ensure ongoing compliance with future legislative obligations, including annual program updates and five-year asset management plan updates.
Asset categories and their current state
Our inventory is grouped into several categories containing segments of infrastructure. For each category, we track the total replacement cost and asset condition.
Asset Management Policy
Haldimand County’s Asset Management Policy was approved in June 2019. It outlines our commitment to good stewardship of Haldimand County assets and confirms that asset management practices will be legislatively compliant, performed in a safe and environmentally sustainable manner, and aligned with our strategic objectives.
Contact Us
Engineering & Capital works
53 Thorburn Street South
Cayuga, Ontario
Canada, N0A 1E0
