Media Releases

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.