Federal Infrastructure Investment in Canada
Canada’s infrastructure deficit is estimated to be $123 billion and growing. This wasn’t lost on national politicians during last year’s national election, with the winning Liberal party promising $125 billion for infrastructure over the next decade. In the lead up to the new federal budget, ReNew Canada outlined what they expect to see. It includes major funding for Canada’s big cities, big investments in public transit, and consistent, long-term funding for municipalities. As Renew Canada notes, “If you build stuff, it should be a busy few years ahead.”