Close X
Wednesday, November 6, 2024
ADVT 
National

Infrastructure Spending To Be Distributed Based On Fairness, Says Minister Amarjeet Sohi

Darpan News Desk The Canadian Press, 12 Feb, 2016 11:37 AM
  • Infrastructure Spending To Be Distributed Based On Fairness, Says Minister Amarjeet Sohi
VANCOUVER — The federal infrastructure minister is pledging to disburse a "fair share" of new funding to every region of the country, even while some provincial economies flag and others project growth.
 
Amarjeet Sohi says his goal is to equitably divide billions in additional cash that the recently elected Liberal government has promised to infuse into the national economy.
 
The government has pledged $60 billion over the next decade on stimulus.
 
Sohi outlined the Liberals' broad plan to promote growth to the Vancouver Board of Trade on Thursday and later told reporters his department hasn't determined how the money will be allocated.
 
The minister wouldn't say whether the government is planning to help the hardest hit regions, like Alberta, Saskatchewan and Newfoundland and Labrador.
 
He also wouldn't say whether stronger economies in British Columbia and Ontario will get less.
 
"I can't tell you at this time how much are they going to receive," he said, adding that no province has been informed of its take of the new money ahead of the spring budget.
 
 
 
He would only say the plan will be designed "based on need" and the money would be spent strategically to make the economy more productive.
 
"It will vary from one project to another, but in the end we want to make sure every region gets their fair share."
 
Alberta's petroleum industry is losing billions each year and its government is preparing to rack up a $6.1-billion deficit. The fiscal pain has prompted Premier Rachel Notley's government to earmark $34 billion over the next five years for everything from roads to hospitals.
 
Meanwhile, B.C. is forecast to lead Canada's growth rate this year at 3.1 per cent and is on track to table its fourth consecutive budget surplus next week.
 
The Liberals' 10-year plan will divide spending between public transit, green projects and social infrastructure like affordable housing. The first two years will focus on refurbishing deteriorating infrastructure, but Sohi hinted some new infrastructure will get built too.
 
 
He refused to give specifics, but said some small funding announcements would be made on Friday.

MORE National ARTICLES

Calgary's Bishop Lambastes 'Totalitarian' Plan For LGBTQ Rules In Schools

Calgary's Bishop Lambastes 'Totalitarian' Plan For LGBTQ Rules In Schools
In a public letter, Bishop Fred Henry says the plan is "totalitarian" and calls it a "forceful imposition of a particular narrow-minded anti-Catholic ideology."

Calgary's Bishop Lambastes 'Totalitarian' Plan For LGBTQ Rules In Schools

Bank Of Montreal Joins Chorus Of Economists Predicting Interest Rate Cut

Bank Of Montreal Joins Chorus Of Economists Predicting Interest Rate Cut
 The odds that the Bank of Canada will lower its key interest rate next week are rising, with some of the country's big banks now predicting a rate cut.

Bank Of Montreal Joins Chorus Of Economists Predicting Interest Rate Cut

B.C. Teachers Delighted As Supreme Court To Hear Long-Running Dispute

The teachers are appealing a decision by the province's court of appeal, which said the legislation did not violate their rights under the Charter of Rights and Freedoms.

B.C. Teachers Delighted As Supreme Court To Hear Long-Running Dispute

Because It's 2016? Women On Canadian Bank Notes May Make Comeback, Says Bill Morneau

Finance Minister Bill Morneau said he would strongly support a Bank of Canada recommendation to feature more women on Canadian currency.

Because It's 2016? Women On Canadian Bank Notes May Make Comeback, Says Bill Morneau

Hydro One Can't Get Wi-Fi Signal From 36,000 Smart Meters; Will Read Manually

Ontario's opposition parties say it's no surprise that Hydro One has to manually read thousands of electricity smart meters because the devices can't get a wireless signal.

Hydro One Can't Get Wi-Fi Signal From 36,000 Smart Meters; Will Read Manually

B.C. Supreme Court Hands Another Setback To Northern Gateway Pipeline

An alliance of First Nations is celebrating a British Columbia Supreme Court ruling that it says could set back the Northern Gateway pipeline by years and throw a wrench into another high-profile project review.

B.C. Supreme Court Hands Another Setback To Northern Gateway Pipeline