The Town of Niagara-on-the-Lake is getting about $500,000 from the Ontario government to help with losses due to COVID-19.

Lord Mayor Betty Disero said she’s grateful for the money, noting the town’s deficit isn’t as high as that, but that the town still isn’t “out of the woods yet.”

“We will be guarding that money and spending it very wisely, and not jumping to spend it immediately,” Disero said during a Tuesday livestream of her monthly Coffee Chat.

“We’re best off to keep that money close to us and see where it really is needed before we waste it,” she said, noting the province might not bail the town out again.