Sunday, June 23, 2024

Alberta Infrastructure Budget Addresses ACA Concerns

The ACA’s budget recommendations addressed the need for the government to provide a balance of smart debt management and investment which would protect the industry during the downturn and keep Albertans working in the industry.

Last week the Alberta Government announced $34 billion over the next 5 years for infrastructure in the budget.  This is an increase of 4.5 billion from the Progressive Conservative government budget released in March 2015.

Included in those numbers is a plan for the 200 announced or under construction schools, some of which are delayed, the building of the Calgary Cancer Centre, and transportation expenses on roads and transit.

As part of the plan announced:

$3.8 billion for schools

$4.7 billion for roads and bridges

$2.2 billion for health facilities and equipment

$4.4 billion in new projects and programs

You can read more on the budget here.