Manitoba’s Infrastructure Investment

The Conference Board of Canada, 6 pages, March 5, 2014
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Between 2014 and 2018, the Manitoba government will invest $5.5 billion in core infrastructure. This Conference Board analysis looks at the impact of this investment on GDP, job creation, retail sales, housing units, incomes, and capital investment.

Document Highlights

In 2013, the Manitoba government committed to investing the equivalent of the 1 percentage point provincial sales tax (PST) increase in core infrastructure, beyond existing levels of provincial infrastructure spending. Combined, the additional PST revenue and the previously committed infrastructure investment will total $5.1 billion over the next five years. An additional $400 million will bring the Manitoba government’s total core infrastructure investment to $5.5 billion over the next five years. This Conference Board analysis indicates that, between 2014 and 2018, this $5.5-billion investment will raise overall real GDP by $6.3 billion or 2 per cent; create 58,900 person years of employment; generate $1.4 billion in retail sales; add more than 2,000 housing units; add $1,100 annually to the real income of each working-age Manitoban; and increase business investment in capital equipment, such as new trucks and earth-moving machinery, by $1.4 billion.

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