Canada's construction participants and industry investors greeted the new Liberal government's multibillion-dollar infrastructure spending plan with a pat on the back, not wild cheering.
The much-anticipated first budget, released on March 22, offers up to a 30% hike in five-year spending in some infrastructure sectors over previous Conservative government totals, according to one analyst. But it is less than the Liberals promised during the 2015 campaign of Premier Justin Trudeau and omits some hoped-for provisions, say other industry participants and observers.