CCA supports feds deficit reduction measures
April 2, 2012 by Andrew Snook
The Canadian Construction Association (CCA) has offered its support for recent measures taken by the federal government to eliminate the federal and infrastructure deficits.
The CCA recently stated it was pleased with announcements made by the federal government regarding budget reforms and long-term commitment to renewing Canada’s aging infrastructure.
CCA president Michael Atkinson said the reforms in the federal budget to the environmental assessment process and immigration will place Canada in a good position to take advantage of $500 billion in major economic projects in Canada over the next 10 years.
The CCA stated that it was encouraged by measures outlined in the budget that will build a faster and more flexible immigration system, focused on meeting the country’s labour market demands. They added that having a sufficient skilled labour pool is vital for allowing Canadian businesses to meet international demand for products and services, and to keep Canada’s economy growing while staying cost competitive.
The CCA was also pleased with the government’s $150-million commitment towards the Community Infrastructure Improvement Fund, reaffirming its commitment to red-tape reduction and its plan to cap future increases to EI premiums at five cents per $100 of insurable earnings.
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