In Budget 2016, the government made a down payment on future growth by making immediate investments of $11.9 billion in public transit, green infrastructure and social infrastructure. The Fall Economic Statement proposes an additional $81 billion through to 2027–28 in public transit, green and social infrastructure, transportation infrastructure that supports trade, and rural and northern communities. The government will also establish the new Canada Infrastructure Bank, an arm’s-length organization dedicated to increasing investment in growth-oriented infrastructure, transforming the way infrastructure is planned, funded and delivered across the country.
Taking into account existing infrastructure programs, new investments made in Budget 2016 and the additional investments contained in the Fall Economic Statement, the government will be investing more than $180 billion.
Getting Canadian Products to Global Markets—$10.1 Billion Over 11 Years
Canada is a trading nation, and being competitive on a global scale requires world-class infrastructure. The government will make strategic investments in trade and transportation projects that build stronger, more efficient transportation corridors to international markets and help Canadian businesses to compete, grow and create more jobs for Canada’s middle class. The government will also support critical transportation needs in Canada’s North to strengthen community connectivity to trade and investment opportunities.
Deadline: Coming Soon