{"id":3022,"date":"2022-01-16T10:31:47","date_gmt":"2022-01-16T15:31:47","guid":{"rendered":"https:\/\/www.cancea.ca\/?p=3022"},"modified":"2023-06-25T09:43:56","modified_gmt":"2023-06-25T13:43:56","slug":"canadian-construction-association-transportation-infrastructure","status":"publish","type":"post","link":"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/","title":{"rendered":"Canadian Construction Association: Transportation Infrastructure"},"content":{"rendered":"<p>The Canadian Construction Association requested CANCEA to investigate the relationships between transport infrastructure investment levels and the ability of the country to grow exports.\u00a0 The findings were to be presented at the 2022 CCA Annual Conference in Vancouver.<\/p>\n<p>Summary of findings:<\/p>\n<p>Infrastructure Investments and Exports<\/p>\n<ul>\n<li>Jobs supported by foreign demand is a key driver of job growth in all regions across the country. Every additional $100M infrastructure invested supports:\u00a0 15,000 jobs; $75M wages and salaries; $170M in export-related GDP activity.\u00a0 Since 2010, Infrastructure investment has not kept pace with goods exports and is now back to 1980\u2019s levels.<\/li>\n<li>Export related infrastructure investment levels are still well below many other countries, and much more unpredictable. Current total annual investment in transport infrastructure (all road, rail, air, and water) in Canada is about $21B annually, or about 0.9% of GDP.<\/li>\n<li>To match Australia\u2019s or UK\u2019s percentage of GDP, investment levels would need to be $33 to $40B annually, about 0.17% of GDP; More than four times the expanded total of National Trade Corridors Fund over its entire duration.<\/li>\n<li>Further, any additional investments should be part of a strategic long term plan.\u00a0 Short term changes in investment levels (highly volatile) diminishes the value a country gets from its infrastructure investments<\/li>\n<\/ul>\n<p>Infrastructure Investments: International Comparisons<\/p>\n<ul>\n<li>Infrastructure investments should be part of a strategic long term plan. Short term changes in investment levels (volatility) diminishes the value a country gets from its infrastructure investments.<\/li>\n<li>While Canadian infrastructure investments have been diminishing against export volumes, the volatility of investment in Canada is the highest amongst its peers:\n<ul>\n<li>360% more than the average of its peers, 200% more than Mexico, 700% more than the United States<\/li>\n<li>Indication of no long term investment plan, despite the importance of exports to Canada\u2019s economy<\/li>\n<li>Volatility also makes investments of total equal value less productive<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Further Export Challenges<\/p>\n<ul>\n<li>Over 30% of businesses report transportation infrastructure as an obstacle to exporting, and in some regions and sectors, over 50%<\/li>\n<li>Percentage is growing in agriculture, with all regions except Quebec are having increasing difficulty exporting<\/li>\n<\/ul>\n<p>Download results: <a href=\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2023\/06\/CCA-Analysis-Transportation-Corridors-2022-01-19.pdf\">CCA Analysis &#8211; Transportation Corridors<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Canadian Construction Association requested CANCEA to investigate the relationships between transport infrastructure investment levels and the ability of the country to grow exports.\u00a0 The findings were to be presented at the 2022 CCA Annual Conference in Vancouver. Summary of findings: Infrastructure Investments and Exports Jobs supported by foreign demand is a key driver of &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/\"> <span class=\"screen-reader-text\">Canadian Construction Association: Transportation Infrastructure<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":3,"featured_media":3023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[110,118,109,106,136,115,113,157,125,119,158,116,127,122,108,141,160,123,111,97,183,185,159],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Canadian Construction Association: Transportation Infrastructure - Canadian Centre for Economic Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canadian Construction Association: Transportation Infrastructure - Canadian Centre for Economic Analysis\" \/>\n<meta property=\"og:description\" content=\"The Canadian Construction Association requested CANCEA to investigate the relationships between transport infrastructure investment levels and the ability of the country to grow exports.\u00a0 The findings were to be presented at the 2022 CCA Annual Conference in Vancouver. Summary of findings: Infrastructure Investments and Exports Jobs supported by foreign demand is a key driver of &hellip; Canadian Construction Association: Transportation Infrastructure Read More &raquo;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/\" \/>\n<meta property=\"og:site_name\" content=\"Canadian Centre for Economic Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2022-01-16T15:31:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-25T13:43:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/CCA.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1901\" \/>\n\t<meta property=\"og:image:height\" content=\"1593\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Paul Smetanin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Paul Smetanin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/\"},\"author\":{\"name\":\"Paul Smetanin\",\"@id\":\"https:\/\/www.cancea.ca\/#\/schema\/person\/c666b713a7851db524a0dffd96669e00\"},\"headline\":\"Canadian Construction Association: Transportation Infrastructure\",\"datePublished\":\"2022-01-16T15:31:47+00:00\",\"dateModified\":\"2023-06-25T13:43:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/\"},\"wordCount\":346,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.cancea.ca\/#organization\"},\"articleSection\":[\"Alberta\",\"British Columbia\",\"Canada\",\"Economics\",\"Forecasting, Scenarios And Sensitivities\",\"Impact, Evaluation\",\"Industry Contribution\",\"Infrastructure\",\"Infrastructure\",\"Manitoba\",\"National\",\"Ontario\",\"Policy Analysis\",\"Quebec\",\"Region\",\"Regional Growth Risk Management\",\"Risks And Rewards\",\"Saskatchewan\",\"Service\",\"Topic\",\"Trade\",\"Trade\",\"Underinvestment\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/\",\"url\":\"https:\/\/www.cancea.ca\/index.php\/2022\/01\/16\/canadian-construction-association-transportation-infrastructure\/\",\"name\":\"Canadian Construction Association: Transportation Infrastructure - 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