INFRASTRUCTURE INVESTMENT

CP

The Federal Budget Must Stimulate The Economy

Ever since Federal Finance Minister Bill Morneau announced Monday that the federal deficit would top $18.4 billion, all the familiar voices of right wing commentators, Bay Street analysts and Conservative politicians have made their all-too predictable calls for budget cuts and curtailed spending. They couldn't be more wrong. Now, in fact, is the time for some strategic spending to get the economy going, even if it means increasing the federal deficit when the budget is handed down on March 22.
CP

Canadian Governments Have Failed to Slay the Real Deficit We Face

Thanks to former Prime Minister Paul Martin, I think we've all been conditioned to think that balanced budgets are very good things. But not all deficits are bad. It is prudent or even smart to slash and scrap into a surplus like Stephen Harper has done. Especially considering that Canada's infrastructure deficit is estimated at nearly $400 billion -- and growing.

Don't Throw Out the P3 Baby With the Bathwater

Something as dull sounding as public-private partnerships (P3s) has suddenly grabbed headlines thanks to a recent report from Ontario's Auditor General. P3s are an increasingly common tool for governments in Canada, and around the world, to provide infrastructure such as roads and bridges.