Breaking Down Budget 2017
March 23, 2017
ReNewCanada.net – The infrastructure money train looks primed to leave the station in Ottawa, even if people aren’t quite sure when and how those dollars will be spent.
First and foremost, the Canadian Infrastructure Bank (CIB). The expectation was that details about the structure, location, and some basic information on how and where the funds would be focused was going to be included in the text of Budget 2017. It wasn’t. Instead, we received the following:
“The Canada Infrastructure Bank will be responsible for investing at least $35 billion over 11 years, using loans, loan guarantees and equity investments. These investments will be made strategically, with a focus on large, transformative projects such as regional transit plans, transportation networks and electricity grid interconnections.
Read the rest of the article here: http://renewcanada.net/2017/breaking-down-budget-2017/