Close X
Thursday, November 7, 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

Justice minister to review extradition case following top court ruling

Justice minister to review extradition case following top court ruling
The woman's ex-husband reported his three minor children missing in Georgia in 2010 as he had sole custody and the mother had no visitation rights.

Justice minister to review extradition case following top court ruling

October's No-Growth GDP May Spur Bank Of Canada To Cut Interest Rates: Economists

October's No-Growth GDP May Spur Bank Of Canada To Cut Interest Rates: Economists
Canada's economy didn't grow in October, and that has analysts wondering if the central bank could be eyeing another cut to its key lending rate.

October's No-Growth GDP May Spur Bank Of Canada To Cut Interest Rates: Economists

A Look At How Real Home Life Has Changed Over The Years, While The Ideal Of 'Home' Hasn't

A Look At How Real Home Life Has Changed Over The Years, While The Ideal Of 'Home' Hasn't
She looks at changes in technology, such as plumbing and toilets, tableware and furniture, windows and window dressings, light bulbs and kitchen gadgets, as well as changes in culture, such as marriage patterns, hopes and customs.

A Look At How Real Home Life Has Changed Over The Years, While The Ideal Of 'Home' Hasn't

New Brunswick Will Cover Costly Drug To Treat Young Boy With Rare Disease

New Brunswick Will Cover Costly Drug To Treat Young Boy With Rare Disease
New Brunswick's health minister says the province will provide interim coverage of a costly drug for a 10-year-old boy with a rare disease.

New Brunswick Will Cover Costly Drug To Treat Young Boy With Rare Disease

Regina Sikhs Convey Christmas Wishes; Get A Lot Of Positive Attention

Regina Sikhs Convey Christmas Wishes; Get A Lot Of Positive Attention
A sign standing outside the society's office is wishing passersby a very Merry Christmas and a Happy New Year.

Regina Sikhs Convey Christmas Wishes; Get A Lot Of Positive Attention

Richmond Condo Owner Files Discrimination Complaint After Strata Council Hold Meetings In Mandarin

Richmond Condo Owner Files Discrimination Complaint After Strata Council Hold Meetings In Mandarin
Andreas Kargut says he filed the complaint as a last resort after the council informed residents that all meetings would be conducted in Mandarin, instead of English, for reasons of efficiency

Richmond Condo Owner Files Discrimination Complaint After Strata Council Hold Meetings In Mandarin