Harper government also spending $631 million over the next two years to help build a new Detroit-Windsor crossing
One such project might be a second bridge between Detroit and Windsor, Ont.
Report says labour market is performing far more poorly than the federal government is letting on
A proposed congressional budget agreement would avoid a government shutdown in January and set spending for defence and domestic programs
Unlike last year’s update, Flaherty has signalled he expects to report a better-than-projected deficit this fiscal year
Deficit hits $9.2 billion instead of projected $14.8 billion, but debt-to-GDP ratio is still more than 37 per cent
One of the biggest chunks of the planned spending will go to transit—earmarked at $3.4 billion for the 2013-2014 fiscal year
The Finance minister also mentioned renewing the country’s infrastructure, expanding trade relationships beyond the U.S. and small business tax breaks.
MPs will still make a single vote on the bill, even though it contains a collection of measures, some of which opposition parties oppose, others they support.
Federal and provincial government restraint will slice 0.7 percentage points from economic growth in 2013 and slightly more in 2014.