Ottawa will spend more than $159 billion on infrastructure projects over the next five years, the Parliamentary Budget Officer (PBO) estimates.
The Liberal government is expected to spend more than $30 billion each year between fiscal 2025-2026 and 2029-2030, according to a Sept. 18 PBO report on federal infrastructure spending.
The PBO’s projected infrastructure spending includes federally owned assets and transfer payments to provincial, territorial, and municipal levels of government, as well as for indigenous infrastructure projects.
Most of the estimated $30 billion in spending each year is projected to be allocated to transfer payments, at more than $20 billion each year. The report notes its estimates could be higher due to reporting gaps….