Investing in Infrastructure
This country’s founding depended on infrastructure. Without it, the Canada we love today would never have come into being.
It was a Conservative Prime Minister, Sir John A. Macdonald, who built the dream of a nation that extends from the Atlantic to the Pacific by building the Canadian Pacific Railway.
That railway tied British Columbia to Eastern Canada and made Confederation possible. Almost 150 years later, Canadian families from coast to coast to coast rely on infrastructure. Infrastructure carries the water we drink, delivers our goods to market, gets us to work every morning, and gets us home at night.
That is why our Conservative Government has made historic investments in infrastructure. During the Great Recession, we invested in 30,000 infrastructure projects across the country that created shovel ready jobs right when Canadians needed them most.
In 2007, we launched the $33 billion Building Canada Plan – the first long-term, stable and predictable federal plan to provide funding to municipalities, provinces, and territories to support their infrastructure priorities. Just last year, we launched the New Building Canada Plan – a 10-year, $53 billion plan that will build even more infrastructure and create jobs for Canadians.
Annual support for infrastructure has increased from $571 million in 2003-04 to an estimated $4.85 billion in 2014-15. The average age of core public infrastructure is decreasing, to its lowest level since data was first collected in 1961.Economic Action Plan 2015 proposes to invest even more in public infrastructure.
It includes $750 million over two years for a new Public Transit Fund. Canadian cities depend on transit for their development. Large cities rely on transit to get people to work, students to class, and ordinary families out in their communities. To cut congestion and break gridlock, this new and innovative fund will help build new transit infrastructure in a way that works for taxpayers and commuters.
The Government also announced a $5.8 billion investment to renew federal infrastructure assets and on-reserve schools.
The unprecedented nature of our investments should make clear to all Canadians that our Conservative Government is committed to building better communities by building better infrastructure, from coast to coast to coast.