During the campaign, President - elect Trump called for committing at least $ 500 billion to
infrastructure spending over five years.
Bob Sewell, president and CEO of Oakville's Bellwether Investment Management, does think that some companies, and their shareholders, could benefit from
the infrastructure spending over time.
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.
Not exact matches
This is happening at a time when the Ontario government has committed to
spending $ 160 billion
over 12 years to improve Ontario
infrastructure.
Does Salesforce's commitment to
spending $ 400 million on AWS
infrastructure over the next four years have anything to do with Amazon signing a deal to give its employees access to all of Salesforce's products?
The provincial government is
spending $ 19 billion on
infrastructure such as roads and schools
over the next three years.
Tax cuts,
infrastructure spending and corporate cash repatriation should remain positive for U.S. markets
over the next couple of years, but Rogers sees better opportunities internationally.
Capital
spending on major mining, energy and
infrastructure projects in Australia is set to drop more than 60 per cent
over the next three years, according to analysis by ANZ Banking Group.
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.
President Donald Trump plans to
spend $ 1 trillion on
infrastructure over the next decade, but exactly what that will look like has yet to be revealed.
Federal coffers are set to dole out $ 186.7 billion in
infrastructure money
over the next 12 years, but the most recent federal budget indicated about one - quarter of planned
spending between 2016 and 2019 was being moved to future years.
The federal Liberals came to power a year ago in large part on their promise to invest $ 120 billion in
infrastructure over the next decade, essentially doubling Ottawa's
spending from the previous 10 years.
From November on, Wall Street's excitement
over Trump's campaign promises to greatly increase
infrastructure spending and build a massive wall across the border to Mexico led to huge stock gains.
President Trump, meanwhile, is yet to comment publicly on the Hyperloop, though he has pledged
spending $ 1 trillion on U.S.
infrastructure over the next decade.
In federal and provincial budgets
infrastructure spending is in fact amortized
over its service life rather than recognized when it is put in place.
More stimulus such as
infrastructure spending could boost nominal GDP by up to 2.5 percent
over the next two years, I estimate.
For example, investor Jack Bogle predicted at the outset of the Trump administration that the president's proposed
infrastructure spending would be good for the economy in the short term but would be detrimental to the economy, stock market and society
over the long run.
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.
Overall, this budget adds new details about how Ottawa will
spend some of the $ 93 billion in new money the Liberals had already set out for
infrastructure — $ 11.2 billion will go to affordable housing
over the next 11 years, less than the $ 12.6 billion
over eight years the Federation of Canadian Municipalities says was needed.
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.
Since the November election, in fact, the company has gained more than 44 percent on optimism
over President Trump's pledge to
spend $ 1 trillion on U.S.
infrastructure.
Let me briefly mention a few steps that could be taken to increase the economy's potential
over time — immigration policies that attract workers with scarce skills to the United States; education policies and job retraining programs that build and replenish human capital;
spending on
infrastructure to remove bottlenecks; tax simplification and the elimination of tax policies that distort investment and saving decisions; regulatory policies that are attentive to costs and benefits and that emphasize getting the incentives right.
Muni bonds» favorable tax exemption was created a little
over 100 years ago to attract investors of all stripes, not just those at the very top of the socioeconomic ladder, to help boost
infrastructure spending.
On the
spending side of the ledger, the priorities have been agriculture support (after two weak monsoons), rural development
spending,
infrastructure investments and a massive structural shift to direct benefit transfers deposited in the bank accounts of beneficiaries — made possible by the extraordinary biometric identity card program (Aadhaar) covering 950 million people, and the impressive financial inclusion initiative which has opened
over 200 million new bank accounts for impoverished families.
These allocation changes are based on the expectation that the enthusiasm
over Trump de-regulation, tax reform, and
infrastructure spending is justified and will not face a countercurrent from excessively protectionist measures.
Clement says the incident was a «mistake» and had nothing to do with recent controversies
over his role in G8
infrastructure spending.
One the most amazing things about this budget is that one of its three focuses will actually be the opposite of what itâ $ ™ s touting. Youâ $ ™ ll likely hear that $ 14 billion will be
spent on
infrastructure over the next 10 years (actually you may hear much bigger numbers but they just re-announce existing programs like the -LSB-...]
OTTAWA — A five - year $ 50 - billion public
infrastructure spending initiative would generate a return on investment to Canadians
over the long term as high as $ 3.83 per dollar
spent, trigger significant private sector investment and stimulate wage increases, according to a new study by an independent economic modelling firm.
She echoed Mayor Mandel's oft - heard comment that Edmontonians should not settle for «good - enough» and
spent much of her speech praising his progress on
infrastructure, transportation and arts issues
over the past nine - years.
Over four years, the NDP is borrowing $ 34 - billion for
infrastructure spending.
The first budget of Premier Rachel Notley «s NDP government includes a 15 percent increase in capital
spending over the next five years, with a goal to create jobs and tackle the province's aging and neglected hospitals, schools, roads and other public
infrastructure.
Business investment has also improved
over the year, and Ottawa's long - delayed
infrastructure spending program began to show results in third quarter data, the BoC said.
Fueling the rebound is rising demand amid tightening supplies, thanks in part to Donald Trump's stunning White House win and the likelihood that he'll move forward with a plan to
spend $ 1 trillion on
infrastructure over the next decade, driving incremental demand for zinc.
We do not need to
spend the most to win, we can get richer
over time, we need the
infrastructure for this and we can finally see changes which appear to address this issue.
The # 25bn a year for
infrastructure investment, # 8bn
over the next Parliament for social care and yesterday's pledges on education
spending were all more or less as expected.
Over the past two years, when the economy was totally stagnant, and when our economy has needed a quick and fast - acting shot in the arm, we have advocated a temporary VAT cut — alongside
infrastructure spending, action on youth unemployment and targeted tax measures for business as part of our five point plan for growth.
For this reason, we welcome the # 23bn National Productivity Investment Fund, to be
spent on improving innovation and
infrastructure over the next five years.
Saying that the nation's
infrastructure has been neglected for too long, while the U.S. has
spent billions fixing roads and bridges in overseas locations including Iraq and Afghanistan, Congressman Brian Higgins has introduced a trillion - dollar proposal to fix domestic roads, bridges and waterways
over the next five years.
Senate Democrats in January introduced their own $ 180 billion
infrastructure spending package that proposed sweeping upgrades to the nation's roadways, bridges and other transportation systems
over the next decade.
Gov. Andrew Cuomo wants New York state to
spend another $ 125 billion on
infrastructure improvement projects
over the next five years.
Discussion
over how to
spend the settlement cash has included suggestions from the state Legislature that include boosting education aid, as well as funding new
infrastructure projects.
ALBANY, N.Y. (AP)-- Gov. Andrew Cuomo wants New York state to
spend another $ 125 billion on
infrastructure improvement projects
over the next five years.
The amount of money the federal government has kicked in for
infrastructure projects has gone down
over the years and a long - term
infrastructure spending bill has yet to be passed by Congress and the state is not helping much either.
The NPP administration which takes
over the reins of government from January 7, 2017, has promised a higher
infrastructure spending to eliminate economic bottlenecks as part of a plan for annual double - digit growth
over the next four years.
Still, Cuomo has sought to invest heavily in mass transit
infrastructure,
spending $ 100 billion
over the next five years on capital
spending projects at the MTA.
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Trump pushed his White House team to craft a plan for $ 1 trillion in
infrastructure spending that would pressure states to streamline local permitting, favor renovation of existing roads and highways
over new construction and prioritize projects that can quickly begin construction.
While
spending $ 1.26 trillion
over the next five years might seem steep to some, Higgins says the nation is already losing money - and jobs - as the result of inadequate
infrastructure that compromises domestic productivity.
Instead of waiting years to complete planned work and repairs, the city has decided to
spend an additional $ 1 billion on
infrastructure projects
over the next two years.
He promised # 30bn in extra in
spending on public services in Scotland and # 40bn on
infrastructure over the next decade, financed by heavier taxes and borrowing.