Close X
Saturday, December 14, 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

Federal Shortfalls Could Total $90b Over Liberals' First Mandate: Bank Study

Federal Shortfalls Could Total $90b Over Liberals' First Mandate: Bank Study
Since coming to power, however, the Liberals have shied away from their election vow to keep annual deficits under $10 billion as the economy continues to falter amid falling commodity prices.

Federal Shortfalls Could Total $90b Over Liberals' First Mandate: Bank Study

Alberta Auditor Criticizes Work On Disaster Recovery After 2013 Floods

Merwan Saher says the government put too great a strain on its resources when it took over all handling of disaster recovery programs last March.

Alberta Auditor Criticizes Work On Disaster Recovery After 2013 Floods

Brad Wall Says La Loche School That Was Site Of Deadly Shooting Will Be Utilized

Wall says there are no immediate plans to demolish the school in La Loche and it will be utilized.

Brad Wall Says La Loche School That Was Site Of Deadly Shooting Will Be Utilized

Federal Environment Minister Announces 20 Municipal Green Grants, Loans

Environment Minister Catherine McKenna is announcing the funding in a speech to about 400 delegates of the Federation of Canadian Municipalities.

Federal Environment Minister Announces 20 Municipal Green Grants, Loans

Pride and Prejudice at the Arts Club in Crisp Witty Fashion

Pride and Prejudice at the Arts Club in Crisp Witty Fashion

English literature’s classic romantic novel may have been adapted into myriad plots worldwi...

Pride and Prejudice at the Arts Club in Crisp Witty Fashion

Victoria Basketball Team Suspended For The Season After Bullying Incident

Victoria Basketball Team Suspended For The Season After Bullying Incident
An indecent photo shows one member of the Oak Bay Secondary junior boys' basketball team posing with another player

Victoria Basketball Team Suspended For The Season After Bullying Incident