We've all experienced gridlock and long delays
on public transit -- signs of Canada's big infrastructure
deficit. |
That's why we wanted to get hard numbers on the
economic benefits of a big public infrastructure spending
initiative. |
We asked the country's leading economic
modelling firm to do some number-crunching. Here's what the Centre for
Spatial Economics found.
In the short term, tens of thousands of
good-paying jobs would be created, many in the construction sector. It
would also boost GDP by $1.43 per $1 spent.
Over the long run, it would enhance our
competitiveness, encourage private sector investment, boost
productivity and raise real wages.
You can read about the report
in the Globe and Mail or read the full
study here.
-- Rick Smith Executive
Director Broadbent Institute
|