All skilled trades are in demand these days, but those who know their way around a torch will benefit the most from
government infrastructure spending and a resurgent oil and gas sector.
The Transport investment strategy sets out a new long - term approach for
government infrastructure spending — meaning cash will be targeted at projects that help rebalance the economy.
Not exact matches
The
government did pledge $ 47 billion to
infrastructure spending over the next 10 years and extended the accelerated capital cost allowance for manufactures — a tax relief program for investments in new machinery and equipment — by two years, which means stock holders could get a boost if public companies are able to take advantage of this
spending and savings.
Its
government has put a stimulus package in place and is continuing its much - vaunted transition from
infrastructure to consumer
spending, but a lack of trustworthy economic data and corporate reporting continues to scare investors.
This is happening at a time when the Ontario
government has committed to
spending $ 160 billion over 12 years to improve Ontario
infrastructure.
What will come of Trump's promise to turn a $ 200 billion federal
government investment into $ 1.5 trillion in
infrastructure spending, with the rest coming from the private sector?
«If companies aren't going to
spend, the
government could do more for economic growth [by]
spending that money on
infrastructure.»
«GDP growth is now much more reliant on tourism and the
government's
infrastructure spending,» he wrote in a Nov. 28 report.
The provincial
government is
spending $ 19 billion on
infrastructure such as roads and schools over the next three years.
The Harper
government is moving the goalposts to create a playing field that puts the Canadian big three telcos at a distinct disadvantage after
spending billions creating that same playing field in wireless
infrastructure.
Perth company director Sharon Warburton has been named as the incoming chair of a soon - to - be-established federal
government fund that will have $ 5 billion to
spend on
infrastructure in northern Australia.
And the other main source of economic growth over the next couple of years will come from
government spending, led by the federal
government's
infrastructure program.
Only this January, following the threat from the opposition parties to form a coalition and wrest control of Parliament from the Conservatives, did the
government unveil a $ 35 - billion stimulus package including $ 18 billion in
infrastructure spending.
The new federal
government pledges to boost
infrastructure investments, but will it be enough to offset continued weakness in private capital
spending?
If the federal
government required projected climate conditions to be considered when
spending on
infrastructure in flood - prone areas, construction practices would change, he added, noting the same pressures would drive chemical plants or other industries to have a wider margin of safety.
It's a bunch of tax incentives meant to get the private sector to invest in
infrastructure, rather than a more traditional program of direct
government spending.
Stephen Poloz says Ottawa's recent
spending on programs, such as enhanced child benefits and
infrastructure, have lifted the economy and pushed interest rates to a level higher than they would have been without
government stimulus.
«Increased
government spending, particularly more
infrastructure investment financed primarily by higher taxes on the well - to - do, acts as an economic stimulant.»
The Japanese
government has
spent heavily on improving its information security systems and has formed teams to study possible threats to power supplies and other
infrastructure.
The Trump administration is preparing to release an
infrastructure plan in the coming weeks that reportedly includes at least $ 200 billion in federal
spending that would jumpstart investment from the private sector, and state and local
governments.
In addition,
government spending on public
infrastructure had boosted non-mining business investment and was likely to support economic growth for some time.
Expectations that the
government will have to ramp up borrowing to fund president - elect Donald Trump's plans to cut taxes and boost
spending on
infrastructure have sent Treasury yields soaring.
According to the Wall Street Journal, Chinese economic activity rebounded in August, driven by
government spending on
infrastructure and rising property taxes.
Protecting major transfers to persons,
spending on health and education and other
spending such as that for Aboriginal programs, research and development, and assuming you won't revisit defense and international assistance, then to find an additional $ 8 to $ 11 billion by 2015 - 16 would require major cuts in labor market programs,
spending on the homeless,
infrastructure programs, and last, but certainly not least,
government personnel costs.
The only solution is for
governments everywhere to
spend big time on
infrastructure and act «irresponsible» thus driving down the value of their currency, raising inflation, and inspiring the filthy, stinking rich to invest it or lose it.
We have argued in previous articles that
spending by
governments on public
infrastructure that would provide services to Canadians for many decades in the future is not the same as
spending by
governments on programs and services that only benefit current generations.
Professor Scarthe also recommends that, once the deficit is eliminated in 2015 - 16, any future
government should gradually start creating a deficit by, for example,
spending on
infrastructure and this could be done while at the same time maintaining a stable debt to GDP ratio of around 25 per cent over the medium to longer term.
They are definitely not interested in more
infrastructure spending, arguing the federal
government is already doing enough, despite pleading from the provinces and municipalities that much more is needed.
With more money the
government can
spend more on the people, on care and
infrastructure.
And for hundreds of years,
governments have undertaken basic
infrastructure spending so that private owners would not use monopoly privileges to charge economic rent.
So Mr. Bernanke's favored policy is to get banks lending again — not for the
government to
spend more on deficit
spending on
infrastructure, social services or other full employment projects.
To keep prices low and hence national economies competitive,
governments were to undertake society's largest
spending programs: basic
infrastructure such as transportation, power production, communications — all of which happen to be natural monopolies as well.
What is emerging is a widening «fiscal divide» between a federal
government with its diminished size and sound finances, and provincial
governments with growing fiscal imbalances resulting from growing
spending pressures (e.g., for health, education,
infrastructure) and slowing economic growth and revenue growth.
In other words, over the next five years, this
government is planning to
spend more money on income splitting for a small number of well off families, a promise made during the 2011 election, than on supporting economic growth and job creation through new
spending on research and
infrastructure and lowering taxes on investment.
The guiding mentality of Tony Blair - style «New Labour» policy is economic loyalty to Europe's financial centers as
government spending is slashed, public
infrastructure privatized and banks bailed out with «taxpayer» burdens that fall mainly on labor.
Canadian
governments need to
spend wisely in order to maximize their
infrastructure dollars, according to a new C.D. Howe Institute report.
The Victorian
government has unleashed a record $ 13.7 b
infrastructure spending spree, which Treasurer Tim Pallas has billed as a «necessary and prudent» investment.
Although China is still set for sub-8 per cent growth in 2012, its weakest in more than a decade, momentum picked up noticeably in the fourth quarter after the
government increased its
spending on
infrastructure.
Furthermore, the
government is expected to
spend 0.3 percent of GDP on public
infrastructure that should support growth.
In response to these strains, state and local
governments have cut
infrastructure investment, slashed support for higher education, cut
spending on K — 12 education, cut
spending on social benefits other than Medicaid, reduced administrative staff and reduced most other areas of the budget.
Take Away: The package might include measures to boost exports, investments,
infrastructure, real estate and other sectors with
government spending.
Meanwhile, it seems that
government spending on healthcare and
infrastructure is likely to continue to stimulate the economy — good news for Danaher, Emerson Electric, 3M Co and Caterpillar.
China could allow local
government to issue more special bonds to support
government spending on urban redevelopment and
infrastructure investment to shore up domestic demand, said Xing from Morgan Stanley.
The deceleration is likely to result from a reduction in
government spending on
infrastructure and social welfare to moderate the fiscal deficit, he explains.
Before this, the publicly - owned Bank of Canada had a mandate and practice of lending interest - free money to federal, provincial, and municipal
governments for
infrastructure and healthcare
spending;
If, before the stimulus,
government finances were in good shape, as was the case in China, then stimulus does indeed stimulate: The modest budget deficit that it causes is easily financed, and the extra
spending creates some jobs and maybe some useful
infrastructure, depending on how well targeted it is.
«
Government spending on
infrastructure and a moderate increase in business investment, which began to recover in 2017, are forecast to support economic growth next year,» RBC noted in its end - of - year forecast.
COVER STORY:
INFRASTRUCTURE INVESTMENT SUSTAINS GROWTH By Gordon Platt High oil prices are keeping
government spending flowing strongly into major projects, while debt - laden Dubai has taken a turn for the better.
The Victorian
government has unleashed a record $ 13.7 billion
infrastructure spending spree in Tuesday's budget ahead of this year's state election, mostly across road, rail, hospitals and schools to meet the state's booming population.
The
government has promised to boost research
spending, improve education and upgrade
infrastructure.