Investing in Canada Flashcards
Total Investment over 12 Years
$180 Billion
Phase 1 of Investing in Canada
$11.9 Billion over 5 years (2016-2021)
Completed through bilateral agreement
4 Parts of Investing in Canada
Green Infrastructure, Water & Wastewater Systems, Transit Infrastructure, Social Infrastructure
Projects and Money Approved Under Phase 1
28,000 projects approved = 11.8 billion of 14.4
Phase 2 of Investing in Canada
Introduced in 2016 Fall Economic Statement
Extra $81 billion (included in the $180 billion)
7 provinces/territories have signed on
Includes project in transit, green infrastructure, cultural/community infrastructure, and rural/remote infrastructure
Canadian Infrastructure Bank (CIB)
Created in 2018 Fall Economic Statement
35 billion dollars invested (15 of which is federal dollars)
Objective: minimize government money necessary to make model financially viable
Non-CIB Sources of Infrastructure Funds
Gas Tax Fund
New Building Canada Fund
Number of Agencies/Departments Involved in the Implementation of Investing in Canada Plan
12… or maybe 14
Total Investments in the Investing in Canada Plan
91 billion existing
Plus 14.4 billion originally from 2016
Plus 81 billion from 2017