Monday, January 26, 2009

Budget Boost

Transport minister John Baird made the following anouncements today regarding infrastructure spending in the upcoming federal budget: 

  • $4 billion for an infrastructure stimulus fund to help provinces, territories and municipalities.
  • $2 billion for repairs and construction of colleges and universities.
  • $1 billion for sustainable green infrastructure projects.

  • "Students are impressed that the government has recognized the importance of investing in PSE infrastructure," said Zach Churchill, National Director othe Canadian Alliance of Student Associations. "The question for tomorrow's budget is how this money is going to be delivered and whether or not it will
    simply displace pre-existing funding."

    CASA was the only national student advocacy group calling for investments in infrastructure in the upcoming budget.

    Zach also made a good point in his blog when he points out that none of our elected officials are talking about making room for more seats in colleges in universities across Canada. We can throw money at a problem, but without a skilled workforce, we're going to continue suffering from a skilled labour shortage.

     In addition to infrastructure spending, CASA is recommending that the following actions be taken as a part of the 2009 federal budget: 
    • a one-time, earmarked transfer to the provinces for PSE to offset freezes or claw-backs in provincial PSE funding
    • Provide temporary targeted grants to counterbalance the difficulties students and their families may face in finding the means to afford post-secondary education
    • Extend the Interest Relief period for Canada Student Loans from the current 6 months, to 9 months

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