Liberal Infrastructure Spending Failing to Create Jobs: Watts & Rayes

October 28, 2016

FOR IMMEDIATE RELEASE

OTTAWA, ON – Yesterday, the Parliamentary Budget Officer (PBO) released a report on Canada’s Labour Market which revealed that the Liberal government’s plan to create new jobs through infrastructure spending isn’t working. In response, Dianne Watts and Alain Rayes, Conservative Critics for Infrastructure, Communities and Urban Affairs, released the following statement:

“The Liberals promised Canadians that their massive deficit and increased infrastructure spending were going to create jobs and grow the economy. But yesterday’s PBO report demonstrates that it’s not working and that the Liberals have no real plan to get Canadians back to work.

“Furthermore, last week a report commissioned by the Finance Minister revealed that the Liberals are looking to spend $40 billion to create a new Canada Infrastructure Bank. Communities are worried about where this money is going to come from and who is going to pay for it. Will the Liberals burden hardworking Canadians with even more taxes, or will communities not receive the important infrastructure funding they were promised?

“The Prime Minister has also committed Canada to the Chinese-backed Asia Infrastructure Development Bank that will cost Canadians approximately $2.9 billion for infrastructure projects in Asia. Meanwhile, here at home, Albertans are still waiting on the bulk of the $700 million for infrastructure that the Prime Minister promised he’d fast track in February. So far, the Liberals have only managed to approve four projects worth just two percent of the funds promised to Alberta, despite having received a list of proposed projects in March.

“The Liberal government’s infrastructure plan clearly isn’t working. They need to create a plan that listens to communities and invests in the types of projects that create jobs.”

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