We welcome the details unveiled today by Prime Minister Harper on the New Building Canada Plan.
For the past three years, the we have listed inadequate investment in our public infrastructure as one of the top 10 barriers to Canadian competitiveness. We have continuously argued that Canada needs a long-term, predictable, flexible and strategic infrastructure investment. This strategy must include targeted investments in Canada’s major economic hubs, gateways and public transit systems.
The success and competitiveness of Canadian business depends on modern and efficient infrastructure. Today’s announcement is welcomed by the business community across the country. Most importantly, we are pleased that the plan will support projects that are focused on trade enhancement and productivity.
Under the Economic Action Plan, the government pledged over $70 billion for infrastructure. The 10-year, $53 billion New Building Canada Plan is an important component of overall infrastructure investment. The Canadian Chamber of Commerce is pleased by the recognition of the importance of the private sector and the value of public private partnerships.
We remain committed to working with all relevant stakeholders on the implementation of this plan.