Budget 2009: Economic Stimulus for Infrastructure in Canada

The 2009 federal budget tabled yesterday by the Government
which will be voted on this evening allocates C$12 billion in federal funds to infrastructure over the next two years.  The federal contribution, Budget2009
however, requires matching funds from the provinces of C$9 billion and an unspecified amount from local governments.  In addition there will be federal spending on infrastructure that it it is solely responsible for.  Some of the projects that have been identified include

C$4 billion for provincial and municipal infrastructure such as roads and sewers

C$2 billion for universities and colleges

C$500 million for electronic medical records

C$269 million for federal bridges

C$407 million for Via rail for the Montreal-Ottawa-Toronto corridor

C$750 million for the Canadian Foundation for Innovation

C$50 million for the Institute for Quantum Computing at the University of Waterloo

C$250 million for federal labs such as the Canadian Food Inspection Agency

C$515 million to repair schools, water treatment plants and other infrastructure in aboriginal communities

According to the Globe and Mail the total amount of public and private funding that is expected to flow into infrastructure projects this year is estimated to be C$61 billion.  It is estimated that every C$10 billion in spending creates 115 000 jobs and increases the GDP by 1.5%.

 

Geoff Zeiss

Geoff Zeiss

Geoff Zeiss has more than 20 years experience in the geospatial software industry and 15 years experience developing enterprise geospatial solutions for the utilities, communications, and public works industries. His particular interests include the convergence of BIM, CAD, geospatial, and 3D. In recognition of his efforts to evangelize geospatial in vertical industries such as utilities and construction, Geoff received the Geospatial Ambassador Award at Geospatial World Forum 2014. Currently Geoff is Principal at Between the Poles, a thought leadership consulting firm. From 2001 to 2012 Geoff was Director of Utility Industry Program at Autodesk Inc, where he was responsible for thought leadership for the utility industry program. From 1999 to 2001 he was Director of Enterprise Software Development at Autodesk. He received one of ten annual global technology awards in 2004 from Oracle Corporation for technical innovation and leadership in the use of Oracle. Prior to Autodesk Geoff was Director of Product Development at VISION* Solutions. VISION* Solutions is credited with pioneering relational spatial data management, CAD/GIS integration, and long transactions (data versioning) in the utility, communications, and public works industries. Geoff is a frequent speaker at geospatial and utility events around the world including Geospatial World Forum, Where 2.0, MundoGeo Connect (Brazil), Middle East Spatial Geospatial Forum, India Geospatial Forum, Location Intelligence, Asia Geospatial Forum, and GITA events in US, Japan and Australia. Geoff received Speaker Excellence Awards at GITA 2007-2009.

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