Ontario’s Liberal government released a five-year plan today that proposes spending more than $30 billion on roads, hospitals and other infrastructure. Most of the money will be funded through direct investments by the provincial government but about 10 per cent will come from ``alternative financing sources,” the government said. Dubbed ReNew Ontario, the plan will mean a “renaissance” for public facilities, Public Infrastructure Renewal Minister David Caplan said in a release. “This government is planning and investing strategically for population and economic growth,” Caplan said. “Our five-year infrastructure-investment plan will help us construct the highways, hospitals, classrooms and public transit we need to protect public health, strengthen our communities and provide the public services we all require.”Elementary schools and public transit. Nothing to get excited about but that's just because its the nuts and bolts of society - and no trickle down economics or leverages or plan to make the place a center for excellence for anything. Just buying what we need with the money we have.
Common Sense Finally
Posted by on Wednesday, May 25, 2005 in - 2 comments

Comments
David Janes - May 25, 2005 9:14 PM
Unless they're planning to monetize the roads and schools at some point in the future, the word is "spend", not "invest". Still, good spending ("buying", as you say).
Alan - May 25, 2005 10:35 PM
I don't think they have the Latvian ray gun technology to monetize all that!<p>[Ed.: <i>I recommended "procure" but does he ever listen to me?</i>]