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The Investing in Canada Plan is the flagship infrastructure policy of Canadian Prime Minister Justin Trudeau. introduced in 2016, the plan commits $180 billion dollars in infrastructure spending over 12 years. It is administered by 15 different departments, agencies, and crown corporations and designed to create 100,000 jobs per year throughout it's implementation. The plan focuses on 5 different stream of investment; public transit, green projects, social amenities, trade and transportation, and rural and northern communities. It's stated objectives are to spur long-term growth, support the transition to a sustainable economy, and to equitably improve socio-economic outcomes for Canadians.[1]
The plan was first proposed by the Liberals in their platform for the 2015 federal election as a push for increased infrastructure spending, which they branded in contrast to Prime Minister Stephen Harper's support for balanced budgets and spending cuts.[2] It was formally introduced by Bill Morneau in the 2016 fall economic statement[3] and as of 2021, has lead the funding of over 69,000 projects by over $81 billion dollars.
References
edit- ^ Government of Canada, Infrastructure Canada (2018-09-06). "Infrastructure Canada - Investing in Canada Plan – Building a Better Canada". www.infrastructure.gc.ca. Retrieved 2021-05-12.
- ^ Cassidy, John. "Canada and the Anti-Austerity Movement". The New Yorker. Retrieved 2021-05-12.
- ^ Government of Canada, Department of Finance (2016-11-01). "Table of Contents: A Plan for Middle Class Progress – Fall Economic Statement 2016". www.budget.gc.ca. Retrieved 2021-05-12.
External links
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