After Ontario’s latest budget announcement, it is an important time to assess whether the proposed level of infrastructure investment sets Ontario on track for long-term economic growth. Historically, investments into Ontario’s public infrastructure have been significantly lower than the growth-maximizing target levels suggested by CANCEA’s 2010 econometric analysis.
This update uses the recent budget announcements from the federal and provincial governments to track these trends and finds that the combined annual dollar value of infrastructure investments is expected to decrease from 2019 to 2022.
Find the full bulletin at the RCCAO’s Infrastructure Modelling reports webpage.
