For growth, a second phase of infrastructure investment
May 13, 2016
Globe & Mail| May. 13, 2016
The Liberal government’s first budget has used much of the available fiscal room to invest in shovel-ready and social infrastructure projects. While this will create some welcome jobs in the short run and help communities in need, it will do little to boost medium- to long-run economic growth. For this, the budget holds out the promise of a second phase of strategic infrastructure investment. Delivering on this promise is a critical piece of the solution to Canada’s growth problem. Read more.