Canada's Long Term Infrastructure Plan (Phase 2)

Canada Infrastructure Bank

Pledges $81 billion (nationally) over 11 years for:

Public Transit - $25.3 billion

Green Infrastructure - $21.9 billion

 

Social Infrastructure - $21.9 billion

 

Trade and Transportation - $10.1 billion

Rural and Northern Communities - $2 billion

The Government of Alberta is waiting for further information from the Federal Government on the Plan’s details.

The establishment of the Canada Infrastructure Bank was announced in the 2016 Fall Fiscal Update. With an investment of $35 billion from the federal government, the Bank will:
  • Invest in infrastructure projects that have revenue-generating potential and are in the public interest;
  • Attract private sector and institutional investors to projects so that more infrastructure can be built in Canada;
  • Serve as a centre of expertise on infrastructure projects in which private sector or institutional investors are making a significant investment;
  • Foster evidence-based decision making and advise governments (federal, provincial/territorial, and municipal) on the design of revenue-generating projects; and
  • Collect and share data to help governments make better decisions about infrastructure investments.

The Bank is expected to be operational in late 2017.