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