THE NEW
BUILDING
CANADA PLAN:
BOOSTINGTHE
ECONOMYTHROUGH
INFRASTRUCTURE
By Syed Bilal
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The Government of Can-
ada continues to make sig-
nificant infrastructure invest-
ments, such as the Building
Canada Plan, the Economic
Action Plan and the legislated
permanency of the Gas Tax
Fund – initiatives carried out
throughout the past. Gov-
ernment of Canada builds on
these investments with the
New Building Canada Plan
(NBCP), which will address in-
frastructure priorities in prov-
inces, territories and munici-
palities.
The NBCP has started this
year and continues to pro-
mote productivity, economic
growth, and innovative ap-
proaches such as P3s. The
$53 billion funding will mark
the largest and longest fed-
eral infrastructure plan in
the nation’s history. The NBC
Plan, out of which $47 billion
in new funding, is comprised
of three overlying funds, the
first of which is the Communi-
ty Improvement Fund consist-
ing of $32.2 billion over the
next ten years, of which $21.8
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business elite canada
H
JUNE 2014
