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Government Policies - Budget
2016 Analysis - Infrastructure
and Public Transit
By: Paul Young, CPA, CGA
Disclaimer
• This presentation is one opinion of infrastructure and public transit
funding
Paul Young - Presenter
Bio
• CPA/CGA
• 25 years of experience in Academia, Industry and Financial solutions
• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
Agenda
• Budget 2016
• Funds available
• Allocation of 2016 Budget
• Issues facing infrastructure funding
Budget 2016-2017
Current Funding
Type of Fund Amount/ Annual
Build Canada $14.0B (10 years) $1.9B
Gas Tax $10.4B (five year) $2.0B
New Funding $120B (10 years) $11.9
Total 14.9B
Municipalities / Infrastructure
Municipalities / Infrastructure
Municipalities / Infrastructure
Budget Issues/Infrastructure
• Exports – (Goods to Market)
• Not enough funding for projects that will move goods to market, i.e. bridges, roads, ports, rail, etc.
Exports are key driver of the economy. Exports could be increase by 20-25% if capacity was added
to move goods to market.
• Transit
• Transit lines have to be profitable
• Social Housing
• Waste and mismanagement has occur with social housing projects
• Lack of available/affordable land
• P3
• P3s over budget and not on time
• Maximizing dollars
• Open and fair bidding process for contracts
• Arbitration/Pension/Salary reforms
• Downloading of costs by the provinces
• Lack of oversight on projects

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Government policies - Budget 2016 analysis - infrastructure and Public Transit for Canada

  • 1. Government Policies - Budget 2016 Analysis - Infrastructure and Public Transit By: Paul Young, CPA, CGA
  • 2. Disclaimer • This presentation is one opinion of infrastructure and public transit funding
  • 3. Paul Young - Presenter Bio • CPA/CGA • 25 years of experience in Academia, Industry and Financial solutions • Youtube Channel - https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
  • 4. Agenda • Budget 2016 • Funds available • Allocation of 2016 Budget • Issues facing infrastructure funding
  • 6. Current Funding Type of Fund Amount/ Annual Build Canada $14.0B (10 years) $1.9B Gas Tax $10.4B (five year) $2.0B New Funding $120B (10 years) $11.9 Total 14.9B
  • 10. Budget Issues/Infrastructure • Exports – (Goods to Market) • Not enough funding for projects that will move goods to market, i.e. bridges, roads, ports, rail, etc. Exports are key driver of the economy. Exports could be increase by 20-25% if capacity was added to move goods to market. • Transit • Transit lines have to be profitable • Social Housing • Waste and mismanagement has occur with social housing projects • Lack of available/affordable land • P3 • P3s over budget and not on time • Maximizing dollars • Open and fair bidding process for contracts • Arbitration/Pension/Salary reforms • Downloading of costs by the provinces • Lack of oversight on projects

Editor's Notes

  1. http://www.budget.gc.ca/2016/docs/plan/ch2-en.html
  2. http://www.budget.gc.ca/2016/docs/plan/ch2-en.html http://www.infrastructure.gc.ca/plan/nbcp-npcc-eng.html
  3. https://www.amo.on.ca/AMO-Content/Policy-Updates/2016/2016-Federal-Budget.aspx
  4. https://www.amo.on.ca/AMO-Content/Policy-Updates/2016/2016-Federal-Budget.aspx
  5. https://www.amo.on.ca/AMO-Content/Policy-Updates/2016/2016-Federal-Budget.aspx