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

Two Men Who Broke B.C. Securities' Laws Penalized, Face Trading Bans

Two Men Who Broke B.C. Securities' Laws Penalized, Face Trading Bans
Alexander Downie was the founder and director of HRG Healthcare Resource Group Inc., and Daniel Mohan served as director and CEO.

Two Men Who Broke B.C. Securities' Laws Penalized, Face Trading Bans

Winnipeg Couple Say Instinct Made Them Jump From Window Of Burning Apartment

Winnipeg Couple Say Instinct Made Them Jump From Window Of Burning Apartment
Dzintars Giertmanis and Alena Giertmane are from Eastern Europe and settled in Manitoba in 2012 and 2013.

Winnipeg Couple Say Instinct Made Them Jump From Window Of Burning Apartment

Six Online 'Ugly Girls' Polls Span Newfoundland And Labrador: Official

Six Online 'Ugly Girls' Polls Span Newfoundland And Labrador: Official
The Newfoundland and Labrador English School District is now checking out complaints of six anonymous polls online that ranked girls based on their looks.

Six Online 'Ugly Girls' Polls Span Newfoundland And Labrador: Official

Feds Target Of Resettling 10,000 Syrian Refugees Could Be Met On Tuesday

Tuesday could be the day that the influx of Syrian refugees hits the 10,000 mark, but resettlement groups are now looking far beyond that milestone.

Feds Target Of Resettling 10,000 Syrian Refugees Could Be Met On Tuesday

Canadian Man Remembers Jamming With David Bowie As An 11-Year-Old Kid

Canadian Man Remembers Jamming With David Bowie As An 11-Year-Old Kid
When Seth Scholes walked backstage to meet David Bowie nearly 30 years ago, the 11-year-old saxophone player from Kingston, Ont., was hardly aware of how the encounter would help shape his life.

Canadian Man Remembers Jamming With David Bowie As An 11-Year-Old Kid

Military's Overseas Efforts For Syrian Refugee Program Winding Down

Military's Overseas Efforts For Syrian Refugee Program Winding Down
OTTAWA — The military is beginning to wind down its overseas involvement in the Liberal government's commitment to resettling thousands of Syrian refugees in a matter of months.

Military's Overseas Efforts For Syrian Refugee Program Winding Down