New infrastructure investments move recovery forward; must be inclusive and fiscally sustainable in long-term
Calgary, October 1, 2020 – “The Calgary Chamber welcomes new investments in major infrastructure initiatives, which earmark $10 billion towards initiatives in agriculture, internet connectivity, clean power and energy efficiency.
“Investment in broadband infrastructure is critical to ensuring Canadians can seize employment opportunities in the future economy, as our trajectory towards digital has been accelerated by the pandemic. We also welcome investments in Canada’s– and Alberta’s – core strengths of agriculture and energy while simultaneously innovating towards a low-carbon economy.
“We urge the federal government to leverage Alberta’s expertise and support our energy transition through its new clean power investments. Also, infrastructure projects can be further accelerated through red tape reduction and a focus on supporting commercialization, which provides the greatest potential for job creation.
“As these projects and other recovery efforts move forward, we must continue to take an inclusive growth lens to ensure jobs are created and benefits flow to diverse groups in our communities.
“Finally, we must remain focused on protecting and growing Canada’s strong fiscal position in the global economy and urge the development of a long-term, sustainable financial strategy.”
About the Calgary Chamber
The Calgary Chamber is an independent non-profit, non-partisan business organization. For 129 years the Chamber has worked to build a business community that nourishes, powers and inspires the world.
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