Sentences with phrase «government infrastructure spending»

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.
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