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ARTICLE · 03 FEBRUARY 2009

The Value Of Infrastructure: 2009 Federal Budget

Blake, Cassels & Graydon LLP
Blake, Cassels & Graydon LLP
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Blake, Cassels & Graydon LLP

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On January 27, 2009, Finance Minister Jim Flaherty tabled Canada’s Economic Action Plan, the federal government’s 2009 budget (the Budget), which aims, through deliberate short-term deficit, to provide an economic stimulus for Canada’s economy and build long-term capacity.

CanadaGovernment, Public Sector
Jeffrey Merrick
Jeffrey Merrick
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Copyright 2009, Blake, Cassels & Graydon LLP

Originally published in Blakes Bulletin on Infrastructure, January 2009

On January 27, 2009, Finance Minister Jim Flaherty tabled Canada's Economic Action Plan, the federal government's 2009 budget (the Budget), which aims, through deliberate short-term deficit, to provide an economic stimulus for Canada's economy and build long-term capacity. Amid an investment plan that intends to reduce taxes, enhance Employment Insurance, stimulate housing construction, strengthen Canada's financial system, and support Canadian businesses and communities, is the promise of almost C$12-billion in new infrastructure funding over two years. We outline some of the key features of this commitment to infrastructure growth.

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