Canada hasn't decided on future infrastructure plan: Flaherty

Wed Feb 6, 2013 1:24pm EST
 

OTTAWA (Reuters) - The Canadian government has not yet decided whether to boost spending on infrastructure to help the economy, Finance Minister Jim Flaherty said on Wednesday.

Officials have said next month's budget could include measures to boost infrastructure, possibly by extending the life of the C$33 billion ($33 billion) Building Canada plan, which the Conservative government introduced in 2007. The plan is due to expire in 2014.

"I must say that no decision has been made in terms of a future infrastructure plan, but any decision will be made in the context of our current fiscal situation," Flaherty said in the prepared text of a speech.

($1=$1 Canadian)

(Reporting by Louise Egan and David Ljunggren; Editing by Jeffrey Hodgson)

 
Canada's Finance Minister Jim Flaherty speaks during Question Period in the House of Commons on Parliament Hill in Ottawa February 5, 2013. REUTERS/Chris Wattie