“Largest Infrastructure Investment in Half a ...

May 4, 2007
4 May 2007
 
“Largest Infrastructure Investment in Half a Century”
 
 The following is excerpted from a news release issued by the Prime Minister’s office on 4 May 2007.
 
Prime Minister Stephen Harper today outlined that the new investments in infrastructure in Budget 2007 are a significant element of restoring fiscal balance in Canada….
 
Canada will make a further investment of $410 million in the Asia-Pacific Gateway and Corridor Initiative, a mass infrastructure undertaking that will enhance Canada’s access to Asian markets.
 
“At the dawn of the 21st century, no country in the world is better positioned than Canada to prosper in the emerging global economy, and the Gateway Initiative is obviously critical to realizing our potential,” said the Prime Minister….
 
“The long-overdue rehabilitation of our national economic infrastructure will go far in restoring equality of opportunity to every region of the country,” said Prime Minister Harper.
 
Today’s announcement, which builds on last year’s investment of $591 million, brings total federal funding for The Asia-Pacific Gateway and Corridor Initiative to more than $1 billion.
 
“It’s hard to overstate the importance of Asia-Pacific trade to Canada’s economic future. The Gateway Initiative is obviously critical to realizing our potential as a country,” concluded the Prime Minister.

Topic(s): 
Canadian Economy & Politics
Information Source: 
Canadian News Channel
Document Type: 
Email Article