Thoughts and Opinions On Today's Important Issues

Wednesday, October 17, 2007

Windsor In The Throne Speech


That's it as far as the speech goes but we'll hear more as time goes on especially if there is an election called!

The Conservatives have too much money to spend for nice projects that would earn them seats as you will read below. But will any of it come to Windsor where we have 2 NDP MPs?
  • "Our Government will announce an infrastructure program, the Building Canada Plan, to support our long-term growth. By investing in our transport and trade hubs, including the Windsor–Detroit corridor and the Atlantic and Pacific gateways, our Government will help rebuild our fundamentals for continued growth.

    The result will be safer roads and bridges, shorter commutes, more competitive business, improved cultural infrastructure and a better quality of life for all Canadians."

Some more information is to come out later according to the Minister in a September speech:

  • "More precisely, I am here to discuss our Government’s unprecedented $33-billion Building Canada infrastructure plan.

    The plan sets a new standard of commitment by the federal government. It provides more funds over a longer-term than any preceding federal program...

    In the coming weeks, I expect to unveil more details about our Building Canada Infrastructure Plan.

    What I can tell you tonight is that this $33-billion over the next seven (7) years plan is the largest single federal commitment to public infrastructure in 50 years.

    With our partners’ investments, we expect the new plan will generate another $50 billion in infrastructure funding.

    The Building Canada Plan also includes a Fund.

    The $8.8 billions Building Canada Fund is one such program that will address both large, strategic infrastructure projects while also providing funding for smaller-scale municipal projects.

    The Fund will focus on projects that deliver economic, environmental, and social benefits—things that matter to Canadians, such as: major highways, drinking water, wastewater, public transit and green energy.

    Public-Private Partnerships

    We all realize that private capital and expertise can make a significant contribution to building infrastructure.

    As a result, the use of public-private partnerships – or P3s as they’ve come to be known - around the world has been expanding rapidly, with many countries taking practical steps toward the development of programs aimed at fostering stronger P3 markets.

    Canada has made some progress in the use of P3s with the development of some high profile projects such as the Confederation Bridge linking Prince Edward Island and New Brunswick, the Canada Line transit project in British Columbia and the Highway 30 Montreal bypass.

    But more needs to be done.

    So, Canada’s New Government is taking a leadership role in developing P3 opportunities through its $1.25 billion Public-Private Partnerships Fund.

    This program will support innovative projects that provide an alternative to traditional government infrastructure procurement.

    In addition, our Government is committing $25 million over 5 years to establish a federal P3 Office.

    Borders and Gateways

    A stronger and safer Canada must support a seamless flow of people and goods.

    That’s why in Budget 2007, we announced the creation of a $2.1 billion national fund for gateways and border crossings, in addition to new and continued funding for the Asia-Pacific Gateway and Corridor Initiative now totaling over $1billion.

    Current funding

    As I mentioned, I expect to be in a position to unveil more details of the Building Canada plan in the coming weeks."