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Woodstock Ingersoll Echo VOLUME 3 • ISSUE 22
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MARCH 27, 2026
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Buy 1 entrée + 2 beverages & get the 2nd entrée free VALID MON - THU. ENDS MARCH 31ST.
383 Norwich Avenue., Woodstock, ON • stackedpancakehouse.ca
Woodstock approves 2026 Reserve Fund Budget LEE GRIFFI Editor
Woodstock City Council has approved the 2026 Revenue Fund, or Operating Budget. The final spending figure is $88,140,039, a 6.99 per cent increase over 2025, and translates into a residential property tax rate increase of 4.11 per cent. The average home in Woodstock with an assessed value of $271,125 will see an increase of $132.86 for the city portion of their property taxes. “As a council, we know many households are feeling the impact of rising
costs, and that makes our responsibility to manage the city’s budget wisely more important than ever. This budget reflects a careful balance, being mindful of the financial pressures facing our community while ensuring we can continue to deliver the services, programs and facilities that matter most to residents,” said Mayor Jerry Acchione. “At the same time, we’re planning ahead and laying the groundwork for the major projects our growing city will need in the years to come.” Council considered several budget motions from members, rejecting only one brought forward by Coun. Bernia Martin. CONTINUED TO PAGE 5
Ingersoll company lands Canadian military contract LEE GRIFFI Editor
A pair of Canada’s top military officials were in Ingersoll last week for a major funding announcement at a weapons maker. Secretary of State Stephen Fuhr and Minister of Defence David McGuinty announced the awarding of a Defence Investment Agency contract to IMT Precision. The government will provide up to $305.4 million in financial assistance to
the company to establish a new manufacturing facility capable of producing empty metal shells for 155mm artillery projectiles. The government said the investment will increase Canada’s sovereign ammunition production capacity, reducing dependency on foreign suppliers. It will also act as a vital backup to North American supply capabilities, strengthening Canada’s position within NATO. The new facility is expected to create at least 75 full time, high value jobs and up to 400 jobs at full production. CONTINUED TO PAGE 3
(CONTRIBUTED PHOTO)
KIM MITCHELL TO ROCK WOODSTOCK'S ANNIVERSARY
Canadian rock legend Kim Mitchell has been announced as the headline act for the City of Woodstock’s 125th anniversary celebration on July 1. Story on Page 6.
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