Close X
Friday, November 29, 2024
ADVT 
National

A Breakdown Of Promised Liberal Spending On Green Infrastructure, Technology

Darpan News Desk The Canadian Press, 02 Dec, 2015 11:18 AM
    OTTAWA — The Liberal government has promised more than $13 billion in new spending that could help reduce the amount of Canada's greenhouse gas emissions. Some details:
     
    — $300 million to help research and development in the green energy sector: $200 million per year over four years to help green the forestry, fisheries, mining, energy, and agricultural sectors, plus $100 million a year to help the production of green technologies.
     
    — $2 billion budgeted over two fiscal years, starting in 2017, to create a "low-carbon economy trust" that the Liberals promised in their platform would dole out cash to "projects that materially reduce carbon emissions."
     
    — $5.65 billion in extra spending over the next four years for green infrastructure, including wastewater facilities and flood mitigation systems. An extra $1.675 billion in each of the next two fiscal years to be followed by an extra $1.15 billion the following two fiscal years on top of what the federal government already intends to spend on infrastructure.
     
    — $5.65 billion is for extra spending on public transit over the next four years — subways, light transit or more buses on city streets, all with the aim of reducing the number of cars on Canada's roads. The spending breaks down the same way: $1.675 billion in the first two years, then $1.15 billion more in each of the following two fiscal years on top of what's already earmarked for public transit.
     
    — Any infrastructure money that isn't spent at the end of the fiscal year will go into the gas tax fund for cities to use how they wish.

    MORE National ARTICLES

    Federal Shortfalls On Track To Be $10.8 Billion Bigger Than Forecasts: Watchdog

    Federal Shortfalls On Track To Be $10.8 Billion Bigger Than Forecasts: Watchdog
    The government is on track to deliver annual shortfalls that will be as much as $10.8 billion higher than expected, the parliamentary budget office said Tuesday.

    Federal Shortfalls On Track To Be $10.8 Billion Bigger Than Forecasts: Watchdog

    Canada Rebounds With 2.3 Per Cent Quarterly GDP Growth, But Weakness Persists

    OTTAWA — Canada has climbed out of the recession that nudged the economy into reverse over the first half of 2015 — but a rebound in growth during the third quarter has already shown signs of lost momentum.

    Canada Rebounds With 2.3 Per Cent Quarterly GDP Growth, But Weakness Persists

    India's 'Real Dirt' Lies In Minds, Needs A Clean-up: President Pranab Mukherjee

    President Pranab Mukherjee here on Tuesday exhorted people to go strongly with Prime Minister Narendra Modi's Swachh Bharat Mission but ensure the society was first cleansed from within as evinced by Mahatma Gandhi through his life.

    India's 'Real Dirt' Lies In Minds, Needs A Clean-up: President Pranab Mukherjee

    Mayor Calls Mount Polley Permit Early Christmas Present For Cariboo Miners

    VICTORIA — The British Columbia government has approved a permit allowing water discharge from a mine that was the centre of an environmental disaster, and the decision has drawn cheers from the area's mayor.

    Mayor Calls Mount Polley Permit Early Christmas Present For Cariboo Miners

    Opposition To Alberta Government's Farm Safety Bill Continues To Grow

    Opposition To Alberta Government's Farm Safety Bill Continues To Grow
    Bill 6 would make Workers' Compensation Board coverage mandatory for farm workers and would cancel the agriculture sector's exemption from occupational health and safety rules.

    Opposition To Alberta Government's Farm Safety Bill Continues To Grow

    Wall Says He's Not An Outlier On Climate Talks In Paris; Promotes Carbon Capture

    Wall Says He's Not An Outlier On Climate Talks In Paris; Promotes Carbon Capture
    REGINA — Saskatchewan Premier Brad Wall says he's not an outsider at an international climate change conference in Paris.

    Wall Says He's Not An Outlier On Climate Talks In Paris; Promotes Carbon Capture