Needed: a strategy to promote resilience Compiling a list of suggestions, they push federal agencies to «make resilience a core aspect
of all federal infrastructure and disaster - recovery funding» to strengthen affordable housing; ask for federal leaders to expand funding for programs, such as the Low Income Home Energy Assistance Program, so at - risk municipalities can develop disaster plans and assess their vulnerabilities; and boost economic stability by opposing cuts to the Supplemental Nutritional Assistance Program, or SNAP, so families can afford to eat after a disaster.
He also said the tax law decreases the likelihood
of federal infrastructure investments.
Consumption growth was robust in the third quarter, supported by the new Canada Child Benefit, while the effects
of federal infrastructure spending are not yet evident in the GDP data.
Not exact matches
Given the billions in stimulus dollars that will be spent in coming years on
infrastructure projects, demand for planners is likely to grow in lockstep with the flow
of federal and provincial dollars to social housing, transit, public spaces and recreational amenities.
Its key broadband internet business has suffered a double blow, first from the
Federal Communications Commission's ruling for more utility - like regulation
of the Internet's
infrastructure, and then, shortly afterwards, by the collapse
of its bid for Time Warner Cable (TWC).
«I think many states would have a serious challenge in providing 80 %
of funding for viable
infrastructure projects,» said one lobbyist closely involved in tracking the issue, referring to the component
of the White House plan that caps
federal investment at 20 %.
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?
The vast majority
of ideas in the playbook — covering areas including taxes, the
federal budget, entitlements,
infrastructure, immigration, energy, regulation, and education — garnered between 60 % and 80 % support in our polls.
Oregon Representative Peter DeFazio, the top Democrat on the House Transportation and
Infrastructure Committee, who was in Trump's meeting with a dozen Democratic and Republican lawmakers, said the president also told them he would be willing to increase the amount of federal spending beyond the $ 200 billion he is seeking for the infrastru
Infrastructure Committee, who was in Trump's meeting with a dozen Democratic and Republican lawmakers, said the president also told them he would be willing to increase the amount
of federal spending beyond the $ 200 billion he is seeking for the
infrastructureinfrastructure program.
Last week, Trump replaced the head
of the
Federal Energy Regulatory Commission (FERC), a five - person panel that approves certain natural gas pipeline projects and regulates interstate energy
infrastructure.
IT firm ASG Group has built on its relationship with the
federal government with the renewal
of a new contract with the Department
of Infrastructure and Regional Development worth $ 23.8 million.
«Even if they did, or if Mr. Trump were able to pass a major
infrastructure spending package, they would prove inflationary, causing the
Federal Reserve to respond with a faster pace
of monetary tightening that would offset the positive effect on growth,» the Economist Intelligence Unit report says.
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.
For instance, last fall his council urged the
federal government to ante up $ 40 billion for the CIB, in hopes
of luring four times that much in private investment for
infrastructure projects like toll bridges and highways, ports and power transmission networks.
Because
of its ongoing supervisory relationships with the banks that provided settlement services to Drexel's subsidiaries and its knowledge
of the payment and settlement system's
infrastructure, the
Federal Reserve had the access, contacts, and in - depth knowledge that enabled it to obtain the information it needed to evaluate this complex problem and formulate a plan to address it.»
Morneau earmarked $ 15 billion in up - front capital — a thin slice
of the $ 180 billion the
federal government is pumping into
infrastructure overall, mainly the old publicly financed way, through shared - funding deals with provinces and municipalities.
The president's $ 4.4 trillion budget, unveiled Monday, includes
federal spending
of $ 200 billion for
infrastructure upgrades; $ 18 billion for Trump's border wall; and $ 716 billion for national defense.
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.
The measures would provide some variation
of federal support, including grants, for states to beef up security
of their election
infrastructures.
But S.Y. Lee, a spokesman for the DHS, told Fortune that the government agency coordinates «national efforts to strengthen the security and resilience
of critical
infrastructure, working with our
federal and industry partners across the country to raise awareness about evolving threats and promote measures to reduce risks to systems we all rely on.»
Parliamentary budget officer Jean - Denis Frechette's office found 10,052 projects with a combined cost to
federal coffers
of $ 7.2 billion have been approved for funding across 32 departments, agencies and Crown corporations since 2016, when the Liberals unveiled the first phase
of their
infrastructure program,.
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
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
federal budget indicated about one - quarter
of planned spending between 2016 and 2019 was being moved to future years.
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.
President Donald Trump's
infrastructure agenda, unveiled on August 15, centered on rescinding Obama - era plans to require consideration
of flood risk and climate change in any
federal spending for
infrastructure or housing and the like.
A spokesman for
Infrastructure Minister Amarjeet Sohi echoed that objective, adding the
federal government had also commissioned a study
of how much it would cost to keep the existing 56 - year - old bridge open to traffic beyond 2018.
The
federal Liberal government, citing its jurisdiction over
infrastructure projects that cross provincial boundaries, granted approval
of the project in 2016.
Part
of the 10 cents per litre
federal gas tax is funnelled back to municipalities for
infrastructure projects.
In the last
federal budget, Natural Resources Canada was allocated $ 2.5 million over the next two years to study regional clean energy cooperation, with the aim
of identifying «the most promising electricity
infrastructure projects with the potential to achieve significant greenhouse gas reductions.»
Additionally cosigned by the CEOs
of Micron Technologies (mu), Xerox (xrx), Akamai (akam), and Qualcomm (qcom), the council's report aims to address the United States» growing $ 19 trillion debt and rusting digital
infrastructure by providing recommendations from private industry to overhaul
federal systems.
Thanks to pockets
of investment for things like a new $ 1.2 billion medical center that will spearhead bio-tech research, and a staggering $ 70 billion in
federal aid that has gone to rebuilding
infrastructure — including a $ 15 billion state
of the art levee system — Landrieu says, the city has created 9,100 new jobs since his administration took over in 2010.
Bruce Mehlman, executive director
of the council, told Fortune on a call that he rejects conventional wisdom about a tax tradeoff when it comes to upgrading
federal infrastructure.
The White House has billed this «
infrastructure week» and planned a series
of events, beginning with a push by the president Monday to privatize the nation's air traffic control system and separate it from the
Federal Aviation Administration.
Ahead
of the morning meeting, part
of a three - day cabinet retreat and strategy session in New Brunswick,
Infrastructure Minister Amarjeet Sohi said the government is also looking at the shared funding formula to see if provinces would also end up paying less, which would leave the
federal government on the hook to pay more.
A massive, long - range
infrastructure commitment on the part
of the
federal govt to support building / rebuliding highways and bridges, interstate train service and hi - speed rail, city mass transit systems, and ports and airports, over minimum 10 years and even better 20, with requirement that majority
of manufactured metal components be US - made.
However, a budget deficit that takes the form
of transfer payments to banks, as in the case
of the post-September 2008 bank bailout, the
Federal Reserve's $ 2 trillion in cash - for - trash financial swaps and the $ 700 billion QE2 credit creation by the
Federal Reserve to lend to banks at 0.25 % interest in 2011, has a different effect from deficits that reflect social spending programs, Social Security and Medicare, public
infrastructure investment or the purchase
of other goods and services.
A central part
of the
federal government's
infrastructure plan involves expanding and improving public transit, through their newly established Public Transit Infras
infrastructure plan involves expanding and improving public transit, through their newly established Public Transit
InfrastructureInfrastructure Fund.
It's also too bad because a co-ordinated
federal - provincial
infrastructure initiative would have helped Canada avoid a long period
of economic stagnation.
Recycling is supposed to be a good thing, so when the
federal Liberals quietly announced that «asset recycling» would be part
of their strategy for meeting their much - ballyhooed
infrastructure promises, not many eyebrows were raised.
Infrastructure Minister Amarjeet Sohi, a low - profile minister with a high - impact portfolio, must hammer out huge bilateral deals with all the provinces for their slices
of $ 33 billion in
federal funds for ribbon - cutting - worthy projects like big public transit expansions.
Posted by Nick Falvo under aboriginal peoples, Balanced budgets, child benefits, Child Care, corporate income tax, CPP, debt, deficits, early learning, economic thought,
federal budget, fiscal federalism, fiscal policy, homeless, housing, income distribution, income support, income tax, Indigenous people, inequality, labour market, macroeconomics, OECD, Old Age Security, poverty, privatization, public
infrastructure, public services, Role
of government, social policy, taxation, women.
If Cali pays out tons into
federal coffers and Alabama receives that, then Cali loses real earnings regardless
of what investment levels are unless it's
infrastructure spending, in which case it's not a zero - sum game where everyone can benefit.
Traditional
infrastructure is at the core
of federal policy to keep the economy humming.
Should the
federal government continue to abdicate leadership in key policy issues
of health care, pension reform, Aboriginal issues, education and research, and modernizing Canada's
infrastructure?
Over 95 per cent
of Canada's
infrastructure is controlled by the provinces, territories and municipalities, for which the
federal government already allocates significant amounts
of funding through its New Building Canada Plan; a $ 53 billion plan spread over ten years.
House attributes the rosier U.S. outlook to
federal tax cuts, a massive US$ 300 - billion spending package and the possibility
of an additional spending or
infrastructure bill.
But then, Larson said, there's the third and longest stage
of disaster relief — the one in which
federal and local government rebuild the
infrastructure crippled by the hurricane, and try to get life as close to normal as possible.
It continues to be important that provincial and regional commitments are made to fully participate in cost - sharing
of the
Federal Government's Public Transit
Infrastructure Fund.
The way I'd finance
infrastructure is by sharply raising capital ratios across the banking system to ~ 20 - 25 % and using some of that capital to purchase shares in a newly created Federal Infrastructu
infrastructure is by sharply raising capital ratios across the banking system to ~ 20 - 25 % and using some
of that capital to purchase shares in a newly created
Federal InfrastructureInfrastructure Bank (FIB).
Our overall
infrastructure needs run at ~ $ 10 trillion if you include local, state, and
federal infrastructure combined with construction
of new
infrastructure networks.
Beyond offering cash for EV charging
infrastructure (a welcome gesture but still insufficient), the
federal government so far has done little to help Canada achieve the kind
of growth in EV uptake now happening in Europe, China and the U.S..