Local infrastructure is critical to the quality of life of Canadians and the competitiveness of our country. We rely on power generation, roadways and transit, water management, hospitals and natural resource development to function personally, socially and economically.
Much of Canada’s infrastructure was built in the 60s and 70s, and is now aging. The federal government responded appropriately with such initiatives as the Investing in Canada Plan, which commits $180 billion in federal funding for public infrastructure over 12 years, and the Canada Infrastructure Bank, which invests funds into projects while generating revenue through public and private capital.
CCA is concerned that funding levels could change following the 2019 federal election. Fluctuations in the delivery of funding to projects cause inefficiencies across the system. Funding must be made steady, reliable and consider long-term infrastructure realities.
What can the government do?
CCA believes that the Government of Canada must commit to a 25-year plan for infrastructure spending in Canada.
Although it’s Investing in Canada Plan, which commits the federal government to $180 billion in investments in public infrastructure over the next 12 years is encouraging, a longer-term strategy is needed to strengthen Canada’s economic growth.
The infrastructure deficit and needed investments represent an enormous challenge, however they also provide an historic opportunity to replace our existing infrastructure and re-shape our communities in a more sustainable manner. This is why it is imperative to develop a long-term strategy that spells out the commitments of all levels of government.