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ARTICLE · 05 MARCH 2019

2019 B.C. Budget: Infrastructure Pipeline

Blake, Cassels & Graydon LLP
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On February 19, 2019, British Columbia issued its 2019 budget, which the provincial government stated is "the largest infrastructure investment in B.C.'s history".

CanadaFinance and Banking

On February 19, 2019, British Columbia issued its 2019 budget, which the provincial government stated is "the largest infrastructure investment in B.C.'s history".

TAXPAYER-SUPPORTED CAPITAL INVESTMENT

B.C.'s 2019 budget includes new capital investment commitments in the healthcare, transportation and education sectors, with the taxpayer-supported infrastructure spending on hospitals, schools, post-secondary facilities, transit and roads forecast to be C$20.1-billion over a three-year fiscal plan. Key taxpayer-supported projects highlighted as part of the current and planned investments include:

  • Education: In the education sector, the 2019 B.C. budget forecasts to invest C$2.7-billion over the three-year fiscal plan to support major replacement, renovation, expansion and maintenance projects in K-12 facilities, and a further C$3.3-billion on capital projects for post-secondary institutions. A key highlight is the C$450-million allocated for a student housing

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