OTTAWA — A new report from Parliament’s budget watchdog says the federal government is well behind not only on spending infrastructure money, but also on identifying projects on which to spend it.
The report released this morning from the parliamentary budget office says that of the $ 13.6 billion in infrastructure money slated to be spent between 2016 and 2018, departments have only identified $ 4.6-billion worth of projects.
The report says departments have committed to spending all the allocated money by next year, but the data show “there remains a significant gap” to meeting that target.
Transparency efforts criticized
It means there is a serious risk of the government not realizing its economic growth projections, which would have an impact on federal finances.
The report also takes the government to task for its transparency on spending, saying the Liberals have not provided any performance measurement framework to make sure the money is meeting its intended goals.
The report comes just as the government and the Federation of Canadian Municipalities are set to unveil details of a $ 50-million fund unveiled in the 2016 budget designed to help cities better plan infrastructure work.
The Liberals hope the money will help cities better plan for infrastructure work in the future.