Spending on public, commercial, industrial projects slides in Alberta | CBC News
On the
non-residential side, there are several megaprojects underway in
Calgary, including the $1.4-billion cancer centre and the $1.4-billion
southwest ring road. There’s also hundreds of millions of dollars in
school construction projects scheduled to continue over the next few
years — all of those projects are publicly funded.
non-residential side, there are several megaprojects underway in
Calgary, including the $1.4-billion cancer centre and the $1.4-billion
southwest ring road. There’s also hundreds of millions of dollars in
school construction projects scheduled to continue over the next few
years — all of those projects are publicly funded.
Statistics Canada figures suggest that number is also trending downward in Alberta.
In
May 2018, the amount of investment in government and institutional
projects was $227.6 million. Fast forward to May of this year, when the
number came in at $178 million.
Commercial
and industrial investment has also been trending downward in Alberta,
but year over year it’s up by $25 million to $531 million.