Canadian Press/Adrian Wyld
Chris Bolin / Reuters
OTTAWA — A new federal agency designed to fuse public and private dollars to help build infrastructure in Canada could end up building new roads and bridges south of the border — so long as they conne...
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The money is from the marquee infrastructure program set up by the previous Conservative government.
As cities across Ontario try to squeeze out savings to expand public transit, something doesn't add up. Too many cities, including Toronto, are missing out on hundreds of millions in savings. That's because Ontario has a labour law loophole that's putting cities, companies and taxpayers at a huge disadvantage.
A report says the government is also behind on identifying new projects.
Canadian Press/Justin Tang
The infrastructure minister also played down concerns that private investment could lead to state-owned foreign enterprises from countries like China controlling strategic infrastructure in Canada.
“Sometimes you’re not going to get an answer,” Morneau says.
Stimulating an economy takes more than just allocating money.
Did the Liberals' maiden budget deliver on Justin Trudeau's core election campaign promise to create jobs and long-term economic growth by investing heavily in infrastructure?
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Liberals will spend just $2.7 billion in first year.
Adrian Wyld/Canadian Press
There are now doubts whether the party can even fulfill its most-flexible fiscal vow.
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He's set to unveil fresh numbers Monday.
Trudeau said it's more important than ever for the Liberal government to spend on growth-generating projects.
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The government is now looking at moving up the spending schedule, pushing the money out faster in response to worsening economic conditions.
Jack Mintz is urging Liberals to slow their plan for billions in new infrastructure spending.