News

Infrastructure gaps block Canadian productivity: report

By ReNew Canada 08:52AM July 20, 2017

441


0


Read Later

Lack of proper transportation infrastructure is a major barrier to Canada’s access to market and to its competitiveness, leading to lost opportunities and wasted time for both Canadian companies and residents, says a new report by the Canadian Chamber of Commerce.

“As Canadians head out on vacation this summer, they will be spending longer periods in their cars, stuck in traffic because of inadequate road infrastructure, including poorly-maintained roadways, interchanges and bridges. Unfortunately, it won’t stop after their vacations, either. Congested transportation systems – and the loss of time and productivity that comes with them – have become a reality for tens of thousands of businesses and their employees,” said Perrin Beatty, CEO and president of the Canadian Chamber of Commerce.

The Chamber’s report, Stuck in Traffic for 10,000 Years: Canadian Problems that Infrastructure Investment Can Solve, examines the effects of traffic congestion in major cities, ranging from lowered employee productivity to delays in moving goods and services. The report outlines several other infrastructure challenges that government must target to keep Canada competitive, such as:

  • Facilitating trade along the Asia-Pacific Gateway and corridor;
  • Improving digital access and infrastructure;
  • Maximizing potential in Canada’s North;
  • Enhancing the Ontario-Quebec trade corridor;
  • Getting Canadian oil and gas to markets; and
  • Green electrification and transmission.

“Inconsistent public investment in our transportation systems is a hindrance to small and large businesses alike with real environmental and economic costs. Canadians in the country’s largest cities are collectively losing over 10,000 years sitting in their cars every year, time that could be much better spent,” Mr. Beatty said. “As MPs tour Canada this summer making infrastructure announcements, we need to ask, ‘are these investments being spent in the right places?’” he concluded.

Visit https://www.chamber.ca/publications/reports/ to download a copy of the report.

Suggested News Articles

Atlantic Canada, NewsJun. 22, 2018
Read Later

Pre-construction work begins for new Lamèque-Shippagan bridge

The New Brunswick government has announced that a new bridge will be built to replace the Lamèque-Shippagan bridge. The island of Lamèque is located east-north-east of Bathurst in the Gulf…
National, NewsJun. 22, 2018
Read Later

Government of Canada introduces Community Employee Benefits requirement

The Government of Canada announced a new measure aimed at ensuring that when building new infrastructure projects, proponents take into consideration the social and economic impact their project will have…
News, Western CanadaJun. 20, 2018
Read Later

Work continues on Alex Fraser bridge expansion

New traffic signals will go into operation this week on Nordel Way in Delta, B.C., as part of the first phase toward expanding capacity for people travelling across the Alex…

Comments

0