Sentences with phrase «public infrastructure spending»

School facilities is second only to highways as the largest sector of public infrastructure spending, but it's been more than 20 years since the federal government conducted a comprehensive review of the nation's school buildings.

Recent estimates by the International Monetary Fund (IMF) indicate sizeable and long - lasting impacts of public infrastructure spending on private investment and output.

Business investment continued to contribute to growth after a strong first half, and public infrastructure spending is becoming more evident in the data.

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.

He offers prescriptions — a whopping great public infrastructure spend, for example — that will strike some as too interventionist.

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.

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.

President Donald Trump is slated to speak about his $ 200 billion infrastructure plan in Ohio on Thursday, in his first public appearance since begrudgingly signing a $ 1.3 trillion spending package last week.

Research firm IDC says worldwide spending on public cloud services and infrastructure is on track to reach $ 277 billion in 2021, up from $ 160 billion in 2018.

This is further evidence that telecom players have a tough time competing in the massive public cloud space, where Amazon, Google, and Microsoft spend multiple billions of dollars a year on key infrastructure.

In addition, government spending on public infrastructure had boosted non-mining business investment and was likely to support economic growth for some time.

With infrastructure spending priorities and upcoming negotiations with public - sector unions, improving the budgetary outlook by $ 4 billion per year for two consecutive years would seem a Herculean task.

It is also fair to point out that this move continues a three - or four - year long period in which the biggest public cloud providers got bigger by virtue of massive spending on their own data center infrastructure and smaller players scrambled to stay relevant.

In contrast, spending on public infrastructure, such as transportation systems, that benefit not only the current generation but future ones as well, should also be paid for not just by current generation but also by future generations who will also use them.

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.

Retail spending remains subdued following the large increase last year, and commercial construction is weak outside of the boost from public - sector infrastructure spending.

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.

Credit is a form of infrastructure, and such public investment is what enabled the United States to undersell foreign economies in the 19th and 20th centuries despite its high wage levels and social spending programs.

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.

The only time this has happened in history for a three year period or more was during World War II, when we were obviously printing enough money to finance a lot of deficit spending on infrastructure and public programs.

All political parties love to make public announcements in support of infrastructure spending, and why not?

Furthermore, the government is expected to spend 0.3 percent of GDP on public infrastructure that should support growth.

The theme of public spending - related industries, such as healthcare and infrastructure, doing well was picked up by Caterpillar Inc. (NYSE: CAT) CFO Brad Halverson on the company's last earnings call:

He was clear that wars (and by logical extension, public infrastructure and old - age pensions) always are paid for by the generation that fights the wars, builds the infrastructure or creates the output on which welfare - income transfer payments are spent.

On the investment front a positive development has been an increase in spending on public infrastructure, particularly transport.

If President Trump's promise of infrastructure spending to fix and replace bridges, roads, airports and other aging public facilities across the country comes to fruition, it would also be expected to add to GDP growth.

«It is tempting to blame the sharp post-election rally in industrial metals prices on President - elect Trump's platform of lower taxation and higher public spending on infrastructure,» wrote analysts at Goldman Sachs.

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.

For example, his chapter on public works is effective in denouncing pork - barrel spending dressed up as something beneficial fur the public, but his constructive agenda is thin on what the government should do to provide a sound infrastructure and even a safety net for its citizens.

Given the sad state of our highways, public transportation systems and other material infrastructure, as well as the severe needs of our educational system, increased government spending in these areas could take up the slack in declining defense expenditures while contributing enormously to the potential productivity of the United States.

The economic benefits of energy efficiency are clear, yet currently not # 1 of the annual UK public infrastructure budget has been spent on initiatives to make homes warmer - a move which would create decent jobs and put our economy on a more stable footing.

«The UK's current financial situation means that there is likely to be limited opportunity for large public spending infrastructure projects and attention may have to shift to user charging and private sector investment in new infrastructure.

The budget legislation keeps taxes flat, increases public education spending by $ 1 million, raises college tuition assistance and invests $ 2.5 billion in upgrades for the state's aging water infrastructure.

Of course, it is true that population growth of any kind puts pressure on infrastructure, but in reality falling investment in public services represents a political choice by the current Conservative government, which has opted to spend the tax revenues generated by immigrants and refugees on tax cuts for businesses and reducing the deficit rather than expanding healthcare and education provision.

Unshackle Upstate's Brian Sampson says in a TU OpEd that state taxpayer dollars slated for a public campaign finance system would be better spent on repairing aging infrastructure, expediting ongoing storm recovery efforts, restoring the Gap Elimination Adjustment, or providing tax relief for struggling middle - class families.

The budget largely keeps taxes flat, increases public education spending by $ 1 million, raises college tuition assistance and invests $ 2.5 billion in upgrades for the state's aging water infrastructure.

After his re-election in 2014, Cuomo reinvented himself as a full - throated economic populist, pushing through a minimum wage hike and a paid family leave program, and unveiling massive infrastructure spending plans and a proposal for free public college tuition — though he has been light on details about funding.

Two thirds of all planned transport infrastructure spending involving public funds is in London and just 6 % in the northern regions.

Gov. Andrew Cuomo's $ 145.3 billion budget proposal unveiled yesterday proposes spending the state's $ 2.3 billion windfall from court settlements to house the poor and homeless, freeze Thruway tolls and make large investments in public infrastructure.

The shadow chancellor supports major capital infrastructure projects as a way of driving down unemployment while public spending is cut.

Sue Percy, CIHT Chief Executive said: «We all know that the UK's current financial situation means that there is likely to be limited opportunity for large public spending infrastructure projects and we will need a mature debate about the role of user charging and private sector investment in new infrastructure.»

And yet no government has really solved the problem of how to finance the infrastructure we need within the public spending constraints we have.

Biden and Cuomo have cultivated a public friendship in recent years, with the former veep touting the governor's work on infrastructure spending in the state.

We need more of the money to be spent on public goods that help our economy grow, like infrastructure, energy and innovation.

Outlining the city's new spending initiatives, including investments in public safety, education, anti-homelessness services, transportation, infrastructure and the Board of Elections, Fuleihan said the executive budget, «makes investments that address longstanding structural issues that affect all New Yorkers.»

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.

There's an increasing consensus that the money, estimated to be between $ 5 billion and $ 7 billion, should be spent on infrastructure — the state's aging roadways, bridges, transit and other public systems.

My time spent in public service provided an opportunity to work on a variety of projects, from the expansion of business opportunities and job creation to development of workforce housing and revitalization of aging infrastructure.

More recently, he has outlined massive infrastructure spending plans as well as a proposal for free public college tuition — though he has yet to provide full accounting of where the funding for these programs will come from.

SYRACUSE, N.Y. - Anticipating a «feeding frenzy» over New York state's $ 5 billion windfall, a dozen public officials, union leaders and contractors gathered this morning at Syracuse City Hall to advocate spending all of the money to repair roads, bridges, water pipes and other infrastructure.