February 10, 2014
By the Numbers: Canada's 2014 federal budget
Canadian Finance Minister Jim Flaherty says the 2014 federal budget sets the course for a surplus in the 2015-16 fiscal year. Central to this budget are measures to invest in Canada's labour force. Some of the notable measures in the 2014 budget are:
-$14 million over two years and $4.7 million per year ongoing towards the implementation of an Expression of Interest economic immigration system.
-Annually, 26,000 apprentices in Red Seal trades are expected to apply for over $100 million in interest-free loans from the Canada Apprentice Loan.
- $1.3 billion over two years on a cash basis to support additional strategic investments in public infrastructure and transportation services.
-$11 million over two years and $3.5 million per year ongoing to strengthen the Labour Market Opinion process.
-$28 million over two years to the National Energy Board for comprehensive and timely reviews of project applications and to support the Participant Funding Program.
-Renewal of Targeted Initiative for Older Workers, representing $75 million over three years.
-The deficit is projected to decline to $2.9 billion by 2014-15. A surplus of $6.4 billion is expected in 2015-16.
-$40 million over two years to renew the Strategic Investments in Northern Economic Development program
-$11 million over two years and $3.5 million per year ongoing to reform the Temporary Foreign Worker Program.
-$11.8 million over two years and $3.3 million per year ongoing to launch enhanced Job Matching Service.
-$1.5 billion to create new Canada First Research Excellence Fund
|MOST POPULAR STORIES|
|TODAY’S TOP CONSTRUCTION PROJECTS|
These projects have been selected from 527 projects with a total value of $1,552,331,732 that Reed Construction Data Building Reports reported on Friday.
$53,000,000 Calgary AB Negotiated
$50,000,000 Abbotsford BC Negotiated
$47,500,000 Richmond BC Negotiated
- VIDEO: Canadian Construction Association conference Panama preview
- Concerns raised about P3 approach for Saskatchewan schools
- Journal of Commerce Preview for the week of March 10th, 2014
- Wood Design Awards
- Lone bidder prepares P3 proposal for Alberta schools
- Outgoing chair reflects on time at the helm of the CCA
- School board asks for traditional procurement
- Site Services in Vancouver
- Looking to improve contract awards
- Environmental verdict riles Taseko
- Prentice to mediate First Nations agreements
- CAWIC funded to create action plan to attract women
- More video surveillance used on construction sites
- Modular workforce housing meets Alberta Building Code standard
- Manitoba outlines infrastructure plan
- BC Hydro posts RFQ for Site C project
- CCA96th: Unlocking Canada's Potential
- VIDEO: LiUNA Local 183 Training Centre introduces new programs
- Wins delivered on infrastructure front: Rizzardo
- Behind the Velodrome’s Veil
- Ontario’s prompt payment bill needs work but supported
- Southwest L-evation
- Post-bid clarifications make feds liable for bid repair
- Panama Construction Fact for Today
- Ritchie Bros. hold first Canadian auction of 2014
- Skilled labour needs changing in Saskatchewan
- Quebec’s construction momentum ebbs after 15 years of expansion