Canadian government to invest $52.8B in infrastructure

Mar 22, 2013 | 03:44 PM | Samuel Frizell

Tags  Canada, Department of Finance, infrastructure, investment, jobs, budget, steel

NEW YORK — The Canadian government has announced a plan that will invest Canadian $53 billion ($52.8 billion) in the country’s infrastructure, marking "the largest and longest federal investment in provincial, territorial and municipal infrastructure projects in Canadian history," it said in a March 21 statement.

The infrastructure plan, called Building Canada, will provide Canadian municipalities with C$32 billion ($31.3 billion) for such projects as roads, public transit and recreational facilities and C$14 billion ($13.7 billion) for "major economic projects of national, regional and local significance across the country."....

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