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ARTICLE · 03 APRIL 2017

Budget 2017 Outlines Plan For Clean Growth Economy

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On March 22, the Government of Canada unveiled the 2017 Federal Budget, which includes various commitments for the creation of a "clean growth economy."

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On March 22, the Government of Canada unveiled the 2017 Federal Budget, which includes various commitments for the creation of a "clean growth economy."

What You Need To Know

  • Budget 2017 outlines further details of the Government's plan to invest $21.9 billion over 11 years in green infrastructure, which was originally announced in the 2016 Fall Economic Statement. These investments will include:
    • $9.2 billion for provinces and territories to support certain priority projects;
    • at least $5 billion to be made available for targeted investments in green infrastructure projects through the Canada Infrastructure Bank (CIB); and
    • $2.8 billion for national programs (including $2 billion for a Disaster Mitigation and Adaptation Fund).

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