Government Slow On Infrastructure Spending

The Parliamentary Buget Office reports that the GOVERNMENT IS SLOW IN ALLOCATING THE INFRASTRUCTURE MONEY .

So this big push to use infrastructure money as an economic stimulus( which most studies show does not work in any case) just does’ t get any implementation action. It seems. So what else is new?

‘Summary

Government expenditures for the first half of 2016-2017 were $136.5 billion, an increase of 3.7% over the same period last year. This growth lags the overall increase in budgeted spending (5.6%), owing to delays in implementing the Government’s economic priorities, in particular new infrastructure investments.

Government’s planned investments in infrastructure spending have not materialised in the first half of the year. Infrastructure transfers administered by Transport and Infrastructure Canada fell in comparison to the previous year (-$0.1 billion).

PBO notes that provincial capital budgets for 2016-17 have not grown commensurate with planned increases for federal infrastructure transfers. As such, there is a growing risk that money the Government originally expected to be spent in 2016-17 will be deferred to subsequent years.

These delays would be consistent with historical evidence regarding persistent lapses of planned infrastructure spending, which have been highlighted in previous PBO reports.’

Advertisements

2 thoughts on “Government Slow On Infrastructure Spending

  1. I’m gonna give you the gist of the legend, as I understand it, how Turtle Island was formed:

    The first people strayed from harmonious ways, fighting over place and food. To purify the land, there came a great flood, started by Kitchi-Manitou.

    This big flood, called mush-ko-be-wun, left few animals, and one man, Nanaboozhoo. Floating on a log, he knew they needed sod, there was none to be seen, but he was rather keen. He dove under water, for a handful of earth but the water was deep and earthless, he returned. He knew the four winds and Kitchi-Manitou could use a clod of dirt to form a new land.

    The loon seen Nanaboozhoo with his empty hand, so he dove straight down, but he failed like the man. The helldiver then tried, and did barely survived. As well, he could not find the bottom. The mink and the turtle, both took a turn but from their efforts, no earth was returned.

    A soft voice was heard say, “I will try my way”, it was the muskrat. Larger animals laughed but Nanaboozhoo, would have none of that.

    “It is for Kitchi-Manitou to judge, if muskrat wants to, he should.”

    Muskrat dove down, and was gone a long while, they knew he was dead, but the bottom he found.

    With earth in his paw, they pulled him to the log. Too long without air, it was as they feared; the brave muskrat was dead.

    He was mourned and praised, his spirit passed on, then Nanaboozhoo took his paw in his hand.

    As he opened his paw, shouts of joy, looks of awe! Brother muskrat, had indeed, found land.

    The man took the clod to the turtle near the log, and his back would be used as support.

    The four winds blew, and with help from Kitchi-Manitou, that small island grew wide in girth.

    They sang and they danced, praised Muskrat’s will, then the Four Winds ceased to blow and the waters grew still.

    Turtle Island was born for the Earth’s second people. To this day, the Muskrat has been given a good life.

    No matter that lands have been changed the name of progress, the Muskrat, continues to survive and multiply. The Muskrats still honour the great deluge; they build their lodges in the shape of that small ball the island was formed around.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s