42 Results for budget

Saskatchewan’s Crown corporations will invest more than $1.5 billion into infrastructure in 2018-19, while executive government ministries and agencies have more than $1.2 billion in capital investments outlined in the Saskatchewan Builds Capital Plan, a key component of this year’s budget. “Our investments in infrastructure, building our highways, schools and…

April 13, 2018 @ 9:19am

Less than three months before the June 7th election, the Liberal government in Ontario delivered its 2018-19 budget, focused heavily on improving health care, child care, and mental health. That commitment includes an $822 million, or 4.6 per cent, increase in funding for hospitals in Ontario. The Government of Ontario…

March 29, 2018 @ 12:22pm

The Government of Newfoundland and Labrador is committing $619.7 million of its annual budget to infrastructure in the province, with significant investments continuing in the education, transportation, and health care sectors. Minister of Finance Tom Osborne announced plans for the 2018-19 budget, which contains net expenses of $8.29 billion and…

March 27, 2018 @ 1:03pm

The Government of Alberta is focusing on strategic investments, eliminating waste, and charting a path towards a balanced budget as it works to recover from the “resource revenue rollercoaster” the province has encountered over the past decade. “The recession is behind us and Alberta’s economy is looking up. Alberta’s economy…

March 23, 2018 @ 9:12am

Delivering its third consecutive balanced budget, the Government of Nova Scotia has released its funding plans for the 2018-19 fiscal year with the formal delivery of the budget by Finance Minister Karen Casey. The $10.78-billion budget had a strong focus on augmenting current health care and education initiatives with additional…

March 20, 2018 @ 1:31pm

The Government of Manitoba has introduced its budget for 2018, introducing tax cuts for small and medium-sized businesses, new investments in school construction, and funding to support the Made-in-Manitoba Climate Plan. In addition to the investments in the construction of five new schools, funding for specific infrastructure projects included investments…

March 13, 2018 @ 9:16am

The City of Winnipeg is cutting infrastructure spending as part of its new budget. The cut to the infrastructure budget will help minimize the municipal tax increase, slated at just 0.1 per cent. According to a CBC News article, the portion of the city’s capital budget used for infrastructure, and…

November 24, 2017 @ 2:18pm

The Government of New Brunswick will invest $815.3 million in public infrastructure in 2018-19 including a record $12.6 million in tourism infrastructure. New investments total $28.1 million while $787.2 million is earmarked for maintenance and the continuation of previously announced projects. The government will invest in a multi-year approach to…

November 09, 2017 @ 7:59am

Stephen McNeil’s Liberal government has announced details of Budget 2017-18 for Nova Scotia. This is the first budget of the new term for McNeil, following the election of a majority Liberal government on May 30th. The budget builds on the budget tabled in the spring, before the province’s general election.…

September 28, 2017 @ 10:54am

The Government of B.C., under the leadership of premier John Horgan, has issued its first budget update stating financial priorities for the months ahead. The Budget Update outlined current public sector infrastructure investment commitments: $2.6 billion for post-secondary institutions around the province to invest in priority projects to build capacity…

September 13, 2017 @ 7:16am

The Canada Green Building Council has released a statement following Tuesday’s announcement of the 2017-18 Manitoba budget. “Following the release of the 2017 Manitoba provincial budget, the Manitoba Chapter of the Canada Green Building Council (MB CaGBC), is pleased to see that there is continued commitment to a Manitoba Climate…

April 13, 2017 @ 11:45am

The 2017 Alberta budget included funding for new infrastructure projects, identified as high priorities by the province. Budget 2017 included a Capital Plan that will invest $29.5 billion in infrastructure projects over four years. This includes: $7.6 billion in municipal infrastructure support, including $4.8 billion under the Municipal Sustainability Initiative…

March 17, 2017 @ 7:22am

A report published last week by The School of Public Policy argues the need for a national, arms-length, independent and well-funded Energy Information Organization. Professor Michal Moore, the report's author, argues that Canada is an energy superpower that lacks energy information. This organization would research and quantify energy issues, and provide high-quality, objective national,…

April 17, 2012 @ 10:10am

Graham Steele, Nova Scotia’s minister of finance, announced on Friday that the Province will invest $610 million in more than 150 projects through its Job and Building 2012-13 Capital Plan. The investment is meant to boost the province’s economy by generating direct employment equivalent to 4,500 full-time jobs in communities…

December 15, 2011 @ 10:35am

Earlier this week, the Association of Canadian Engineering Companies (ACEC) presented a position paper to the federal government calling for a National Infrastructure Strategy--it's a call that's been made before. The Federation of Canadian Municipalities has long argued that the federal government needs to support infrastructure investment by developing a…

November 03, 2011 @ 10:50am

If you missed FCM's annual AGM in Halifax over the last few days, you may not know that Berry Vrbanovic is FCM's new president. It now falls to him (taking over from former prez, Hans Cunningham) to comment on what our feds are up to. He may have something to…

June 06, 2011 @ 7:45am

AP  reports that the City of Vancouver is preparing to release estimates on how much the Olympic Games ended up costing the City. The report going before city council next week estimates the city spent $729.2 million on infrastructure and operations. To put that in context, the city's overall operational budget…

April 16, 2010 @ 7:16am

Nova Scotia’s Finance Minister, Graham Steele, released Budget 2010 this week, with no major new funding, but a few interesting programs, including a focus on helping farmers become more sustainable and a continued commitment to aggressive renewable energy targets. Like the other provinces, Nova Scotia is looking to return to…

April 07, 2010 @ 9:42am

British Columbia’s 2010-11 budget contains no new major infrastructure spending, but lots of promises to capitalize on the momentum generated by the 2010 Winter Olympic Games. Finance Minister Colin Hansen released the budget in Victoria this week. While no new major infrastructure projects were announced, the budget does maintain investment…

March 04, 2010 @ 7:56am

Yesterday, Stephen Harper delivered his office’s third economic report since agreeing to issue quarterly reports to get the current budget approved. The federal government’s numbers show that 90 per cent of the $4-billion Infrastructure Stimulus Fund (ISF) has been allocated. That’s over 7,500 infrastructure and housing projects. The Liberals have…

September 29, 2009 @ 6:25am

The province of New Brunswick will invest over $53 million in its highways--about 30 separate projects. Transportation Minister Denis Landry said during a PR opportunity at one of the new sites, "This year we are making the largest investment in northern New Brunswick highways in at least 15 years. This…

April 08, 2009 @ 5:06am

Toronto is getting its fair share of funding now that the provincial budget has been passed. The number that has the Toronto Transit Commission excited is $7.2-billion-that's towards building the Eglinton LRT, Finch LRT and the redo/expansion of the Scarborough Rapid Transit line. Another big ticket item that will get…

April 01, 2009 @ 1:38pm

Newfoundland and Labrador's 2009 budget forecasts a $750-million deficit. The shortfall is made even more significant in the context if last year's $2.4-billion surplus. There's $35 million set aside for infrastructure projects in central Newfoundland. The region is hurting after the closure of the AbitibiBowater paper mill this year in…

March 27, 2009 @ 6:41am

Manitoba has somehow managed to balance its 2009 budget, increase its spending by 4.4 per cent and reduce debt payments for the year to $20 million (compared to $110 million last year). A small surplus of $54 million is forecast. Finance Minister Greg Selinger told the legislature, "Revenues are flattening…

March 27, 2009 @ 6:33am

What happened to the good old days where we would report on the budget after it was announced? Minister Dwight Duncan just announced a budget with no surprises. As expected, Budget09 forecasts deficits of $3.9 billion in 2008-09 and $14.1 billion in 2009-10.  It lays out a plan to balance the budget…

March 26, 2009 @ 1:45pm

Ontario's government is about to make budget announcements and, like Quebec's budget, infrastructure will play a major role.  Reuters reported on Monday that Ontario will spend $32.5 billion in provincial and federal funds over the next two years on building roads, schools and public transit across the province, creating more…

March 24, 2009 @ 11:51am

Last Thursday's budget announcements in Quebec revealed a debt not experienced in over a decade. Already one of the highest in the country, estimates put the province's deficit at $130-billion by the end of the next fiscal year. But Premier Jean Charest says the government's five-year, $42-billion infrastructure renewal plan…

March 23, 2009 @ 8:21am

The day before delivering the opening address at Americana in Montreal, Environment Minister Jim Prentice told a Calgary business audience that federal infrastructure dollars will flow more easily now that the environmental assessment (EA) process has been simplified. On Tuesday at Americana, he told reporters, "It is the intent of the…

March 18, 2009 @ 6:32am

Statistics Canada's latest labour force survey shows that employment fell by 101,000 in the manufacturing sector this January-the largest monthly decline in the industry on record. The bulk of January's losses were in Ontario (-36,000), Quebec (-30,000) and British Columbia (-18,000). Factory employment was also down in Alberta and Manitoba. In January,…

February 06, 2009 @ 11:46am

Reactions abound this morning as Canada's think tanks, economists, boards and associations respond to Budget 2009. This morning on Breakfast Television (even us media types need to watch something while making our coffee!) Federal Finance Minister Jim Flaherty (from a Tim Horton's, no less) said he wishes Toronto Mayor David…

January 28, 2009 @ 8:43am

The federal government is investing $6.4 million in 22 Nova Scotia harbours in order to provide coastal communities with safer, more modern facilities in support of local fishing enterprises. Peter MacKay, minister of National Defence, minister of the Atlantic Canada Opportunities Agency, and minister responsible for Nova Scotia, made the…

August 07, 2008 @ 11:41am

The Saskatchewan Party´s first budget since taking power last fall has a firm focus on hard infrastructure. The $8.6-billion budget was tabled in the legislature today, with Finance Minister Rob Gantefoer saying he followed Alberta's example while creating a budget during Saskatchewan´s economic boom. He's been warned not to neglect…

March 20, 2008 @ 1:49pm

Federal Minister of Finance Jim Flaherty announced Budget 2008 in Ottawa today. The rumour was that we would see money for infrastructure, big urban centres and the auto sector. There was some funding announced for public transit, most likely aimed at big cities like Montreal, Toronto and Vancouver, but not…

February 27, 2008 @ 7:01am

Yesterday, Premier Ed Stelmach addressed the infrastructure needs of today and the future with the release of government’s 20-year strategy for capital projects. “With forecasts indicating our economy will remain strong and our population will continue to grow, we have a responsibility to plan now for the infrastructure needs of…

January 30, 2008 @ 7:43am

In 2008, the city of Laval will inject a record sum of $404 million into municipal infrastructure, representing 62 per cent of the estimated $652.8 million the city has budgeted in total for 2008. "It's the highest sum in the city's history," said Mayor Gilles Vaillancourt at the tabling of…

November 30, 2007 @ 12:00am

In the wake of the collapse of overpasses in Minneapolis and Laval, the province of Manitoba is announcing $125 million to improve, replace and repair their bridges over the next four years. Of the $125 million, $20 million will be spent on bridge maintenance, preservation and inspection and $105 million…

October 01, 2007 @ 10:59am

The Toronto Transit Commission has taken the proposed closure of the Sheppard subway line in Toronto off the table. Earlier this summer, facing a $30 million budget cut, the TTC announced that it would be cutting bus service, mothballing the billon dollar subway line and would be considering another fare…

September 12, 2007 @ 1:38pm

According the their most recent budget, the province of Quebec plans to spend $16.1 billion to upgrade infrastructure. “The government’s achievements have given us better health care, a better education system, infrastructures in better condition, a lighter tax burden, a more prosperous economy, a better quality of life for families…

June 05, 2007 @ 8:13am

The provincial budget for Alberta was released this week with an unprecedented amount for infrastructure. In the budget’s three-year Capital Plan, $18.2 billion dollars will be spent on municipal infrastructure, schools, roads, health care facilities, housing, water and a two-year program to upgrade and construct community facilities. This year expenditure…

May 01, 2007 @ 9:02am

Edmonton’s plan to speed up their neighbourhood renewal schedule from 250 to 50 years is going to be delayed because of inflated construction costs and a lack of contractors to do the work. This year, construction inflation has increased the average price for neighbourhood rehabilitation from $14 million (in 2005)…

April 13, 2007 @ 9:16am

Budget 2007 is now available online. After a live announcement from Federal Finance Minister Jim Flaherty on Monday, many are saying that this is a safe, election-friendly, portfolio. There are substantial investments in Canadian infrastructure, most of which had already been announced. In total, $16 billion in new funding has…

March 06, 2007 @ 8:40am

At this week’s conference on Infrastructure Development, Renewal and Financing, Carol Beal, Assistant Deputy Minister, Infrastructure Canada, said the federal government is “very interested in optimizing the leverage available [for infrastructure dollars] from a P3 approach.” She also said the federal government supports a national asset management program with a…

February 13, 2007 @ 10:41am