In progress City project

Mississauga’s Corporate Asset Management Program

The Corporate Asset Management (CAM) Program helps the City manage its municipal assets so that services can support a growing, thriving, modern city, now and into the future.

Overview

The City’s assets play an important role in delivering reliable, safe and cost‑effective services to residents, businesses and others within Mississauga. Strong asset management balances priorities around cost, performance and risk related to service delivery. It allows the City to direct resources and activities where they’re needed most.

The Corporate Asset Management Program helps the City:

Standardize and enhance asset management processes across service areas
Use leading asset management practices and programs
Guide long-term capital planning and budgeting decisions
Balance competing spending priorities with limited resources

Sustainable, well-timed infrastructure investments are essential to growth. They will help the City continue to deliver high-quality services for residents and other customers.

Watch a video from the Federation of Canadian Municipalities to learn why we need to invest in asset management.

Legislative requirements

The City of Mississauga owns and manages infrastructure assets that support service delivery. Responsible management of these assets includes planning, acquisition, operations, maintenance, rehabilitation, and replacement or disposal.

The City must report on the state of its asset management program. The following deliverables are required by Ontario Regulation 588/17 of the Infrastructure for Jobs and Prosperity Act, 2015.

Legislative requirements and deadlines
Legislative requirement	Due	Status
Strategic Asset Management Policy	July 1, 2019	Complete
Current Levels of Service – Core Infrastructure (Stormwater, Roads, and Bridges and Culverts) Asset Management Plan	July 1, 2022	Complete
Current Levels of Service – All Infrastructure Asset Management Plan	July 1, 2024	Complete
Target Levels of Service – All Infrastructure Asset Management Plan	July 1, 2025	In progress
Annual Reporting on Asset Management Progress	2026	Ongoing

Strategic Asset Management Policy

The Strategic Asset Management Policy guides asset management for Council, City leadership and staff. It sets out the City’s commitment to consider climate change and ways to address it, such as adaptation or mitigation.

The policy aligns with provincial plans defined in the Planning Act, 1990, and the Mississauga Official Plan. It also outlines how the City aims to meet requirements of Ontario Regulation 588/17.

Guiding principles

The policy highlights the following guiding principles, which inform asset management at the City.

Community focus

The City will deliver services that are valued by our community.

Resiliency and sustainability

Decision-making will consider the potential impacts of climate change, demographics, and social, political and economic changes for current and future generations.

Continuous improvement and innovation

The City will track, assess and improve practices and processes.

Safety

The City values the safety of its employees, its communities and the people it serves.

Transparency and accountability

The City will clearly identify the rationale for decisions and be transparent about what we do and how we do it.

Optimization and alignment

The City will link decisions to service requirements and outcomes informed by Council-approved strategic priorities.

Collaboration

The City will make decisions consistently through discussion with internal and external partners.

Asset Management Plan

The Corporate Asset Management Plan is a requirement of Ontario Regulation 588/17. The City published its latest plan in June 2024.

The 2024 Corporate Asset Management Plan is a strategic, tactical and financial document. It helps make sure that activities, resources and timelines required for municipal infrastructure are met. It also balances costs, opportunities and risks against the desired performance of assets.