Canada’s Budget watchdog says Liberals can’t account for $2.5B in infrastructure funds

Canada’s Budget watchdog says Liberals can’t account for $2.5B in infrastructure funds

The parliamentary budget watchdog says it can’t find billions in new infrastructure spending that is supposed to be in key federal spending projections released earlier this month.

The main spending estimates for the next 12 months were supposed to include $8 billion in new infrastructure spending, but a report Thursday morning from parliamentary budget officer Jean-Denis Frechette says the documents only show $5.5 billion in infrastructure allocations.

The report is the latest in a series of studies from the PBO that have raised critical questions about the infrastructure program that is supposed to be a pillar of the government’s economic growth strategy.

The Liberals have been criticized for failing to produce a concrete plan for the rollout of $186 billion in money set aside for infrastructure investment over the next decade.

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