- Promises to invest $65 billion over 10 years (1, 5)
- Emphasizes the importance of balancing the budget while making moderate investments (5, 9)
- The bulk of the $65 billion commitment was announced in 2013 as the New Building Canada Plan, which pledged $53 billion in new and existing funding for infrastructure over 10 years. (1, 2, 9)
- This includes:
- $32.2 billion from the Gas Tax Fund for municipal roads, public transit, recreational facilities and community infrastructure
- $14 billion in a new fund for major economic infrastructure projects including: highways, public transit, gateway and trade corridor-related infrastructure, drinking water, wastewater, connectivity and broadband, and innovation
- $1.25 billion for P3s (public-private partnerships)
- An additional $6 billion yearly to be transferred to provinces, territories, and municipalities
- Created the Gas-Tax Fund, in 2007, which provides dedicated, predictable funding for municipal infrastructure projects, and currently pays out $2 billion annually (1, 3)
- In 2008, founded PPP Canada Inc., a corporation designed to facilitate P3s, or public-private partnerships in infrastructure projects (1, 4)
- In November 2014 pledged $5.8 billion over six years to build and renew federal infrastructure and on-reserve schools (1, 5)
- In May 2015 announced $150 million “Canada 150” fund to refurbish community facilities in honour of the 150th anniversary of confederation (1, 2, 6)
- Pledges $750 million over two years, starting in 2017-18, and $1 billion annually thereafter to establish a Public Transit Fund (1)
|
- Promises to increase spending from Conservative commitment by $4.5 billion annually over next four years (7, 10)
- Emphasizes the importance of balancing the budget while making moderate investments (5, 9)
- Plans to keep the Conservative’s Gas-Tax Fund for municipal infrastructure, while adding an additional cent to the gas tax transfers to cities which is expected to add $1.5 billion annually by 2019-2020, bringing the total transfer to $3.7 billion in that year (5, 8)
- Announced the Better Transit Plan, which would give $1.3 billion annually over 20 years to public transit infrastructure projects (8)
- Pledges to introduce an income tax break for capital investments that are reinvested in rental housing; expected to incentivize the creation of 10,000 new affordable housing units over 10 years and cost $500 million a year (8, 11)
- Pledges $440 million next year towards renewing federal social housing agreements (11)
|
- Promises to increase spending from Conservative commitment by $60 billion billion over 10 years, or $9.5 billion annually (12, 16)
- Plans to nearly double federal investment over the next ten years, with $20 billion spent in the first 3 years in an effort to kickstart economic growth (12)
- Intends to run a deficit of up to $10 billion a year for the next three years to fund this investment (9, 12)
- Promises dedicated funding for the following types of infrastructure:
- Public transit
- Social infrastructure: affordable housing, seniors facilities, early learning and child care, cultural and recreational infrastructure
- Green infrastructure: local and wastewater facilities, climate resilient infrastructure, clean energy, clean-up of contaminated sites, protections against natural disasters and extreme weather due to climate change (12)
- Pledges to increase the transparency of the New Canada Building Fund, which evaluates and approves infrastructure project proposals, as well as speed up the approval process (12)
- Proposes to create a Canada Infrastructure Bank (CIB), which would use the government’s strong credit rating and lending authority to provide low-cost loans to fund new projects (12)
|
- Promises to increase spending from Conservative commitment by $6.4 billion annually over next four years, plus $1 billion annually for national affordable housing program and other smaller initiatives (13, 14)
- Announced plan to spend $6.4 billion annually on infrastructure projects, split evenly between 6 areas:
- Community brownfield reclamation
- Water and wastewater treatment
- Sports, culture and recreation
- Mass transit promotion
- Cycling and pedestrian promotion
- Community housing
- Announced national affordable housing program which would build 20,000 housing units per year and renew 8,000 more, costing $1 billion annually over 5 years
- Additional infrastructure spending commitments:
- $700 million annually over 5 years to improve the National rail system (13)
- $1 billion annually to upgrade electrical grid technology (13)
- $350 million per year in green energy retrofitting for municipal, university, school and hospital buildings, as well as low-income housing (13)
- $800 million annually to improve drinking water and housing conditions for First Nations communities (13)
- Proposes to change tax laws to allow municipalities to issue new Municipal Registered Retirement Savings (RRSP) bonds, which would create a new pool of funding for municipal infrastructure (15, 17, 18)
- Proposes to create Canadian Infrastructure Bank (CIB) which which would use the government’s strong credit rating and lending authority to provide low-cost loans to fund new projects (15)
|