Stakeholders find lots to like in Ontario Economic Outlook – constructconnect.com – Daily Commercial News ...Middle East

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Ontario construction stakeholders are praising new infrastructure initiatives announced by Finance Minister Peter Bethlenfalvy Nov. 2, especially the proposed launch of a new Ontario Infrastructure Bank. They also welcomed a housing-enabling water infrastructure fund that will deliver $200 million over three years, but expressed concern over an upcoming economic “rough patch” forecast by Bethlenfalvy against the backdrop of a higher deficit. The infrastructure plans were part of the Doug Ford government’s 2023 Ontario Economic Outlook and Fiscal Review tabled in the Ontario legislature. The new Infrastructure bank “will help create new employment opportunities for skilled trades workers,”

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