Close X
Friday, November 1, 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

Some Metro Vancouver Real Estate Agents Insider Trading And Helping To Money Launder: NDP

NDP housing critic David Eby alleges some realtors have been avoiding property transfer and capital gains taxes while exploiting a clause in contracts that allows for a series of home flips.

Some Metro Vancouver Real Estate Agents Insider Trading And Helping To Money Launder: NDP

Uber Drive: Edmonton May Be Template For Legalizing Ride Sharing In Other Cities

Uber Drive: Edmonton May Be Template For Legalizing Ride Sharing In Other Cities
Cab drivers in Edmonton protested for months at city hall, some of them pulling off their shirts, as councillors debated whether to pass a new bylaw legalizing ride-sharing companies such as Uber.

Uber Drive: Edmonton May Be Template For Legalizing Ride Sharing In Other Cities

Canada's Bombing Mission Over By Feb. 22; Training Mission To Triple

Canada's Bombing Mission Over By Feb. 22; Training Mission To Triple
In offering his view of Canada's expanded training mission, Gen. Jonathan Vance went some to lengths to avoid contradicting his boss, Prime Minister Justin Trudeau, who has insisted trainers would not be involved in combat.

Canada's Bombing Mission Over By Feb. 22; Training Mission To Triple

Ontario On Track To Receive 10,000 Syrian Refugees By End Of The Month: Kathleen Wynne

Ontario On Track To Receive 10,000 Syrian Refugees By End Of The Month: Kathleen Wynne
The federal government is aiming to settle 25,000 refugees by the end of February, with about two-thirds expected to be government-assisted.

Ontario On Track To Receive 10,000 Syrian Refugees By End Of The Month: Kathleen Wynne

Third Woman Testifies Jian Ghomeshi Bit Her Shoulder, Put His Hands Around Her Neck

The woman, who cannot be identified, said she had consented to the "making out," but she had not agreed to what followed.

Third Woman Testifies Jian Ghomeshi Bit Her Shoulder, Put His Hands Around Her Neck

Calgary Luge Operator Likely Not Liable For Teenagers' Deaths: Lawyer

Calgary Luge Operator Likely Not Liable For Teenagers' Deaths: Lawyer
Peter Collins said the fact that twins Jordan and Evan Caldwell, 17, were former employees at Canada Olympic Park makes it especially improbable that site operator WinSport would be held liable for the incident.

Calgary Luge Operator Likely Not Liable For Teenagers' Deaths: Lawyer