The CAO Role in Asset Management Dan Wilson, CAO of the Township of Centre Wellington
Municipalities in Ontario face yet another implementation deadline for asset management planning in 2024, with Ontario Regulation 588/17 requiring plans incorporating all assets by July 1st. Another deadline exists in 2025 for a more comprehensive plan. During this implementation period, the role of CAOs will be instrumental in ensuring a corporate wide approach rather than a purely finance or engineering focused process. As a current CAO and former partner of Watson and Associated Dan will outine the provincial asset management requirements, the role of the CAO, and the benefits (beyond simple compliance) to be derived from a corporate wide approach.