Consulting Engineers of Ontario

Consulting Engineers of Ontario

May 03, 2013 14:48 ET

Consulting Engineers of Ontario Cheers Ontario's Budget Announcements

TORONTO, ONTARIO--(Marketwired - May 3, 2013) - CEO, which represents engineering firms, applauds Ontario's commitment to long-term, infrastructure planning in yesterday's budget and The Big Move.

"In spite of temptations to think only of the short term, this government has released its third, consecutive budget that commits to billions in infrastructure spending," said Barry Steinberg, Chief Executive Officer of Consulting Engineers of Ontario. "This year's infrastructure commitment includes $13.5 billion."

"This is an infrastructure budget from an infrastructure government," he said. "The budget bravely takes steps in the right direction."

"It's now clear that the government is a champion of long-term spending on infrastructure and transportation," he added, "but the big news is The Big Move, the government's re-affirmation that it's sticking with the $50-billion, infrastructure-transportation plan by Metrolinx, the province's regional transportation agency."

"The budget promises to increase investments in transit and lay the foundation for major initiatives in The Big Move," Steinberg said. "Also, yesterday morning, Glen Murray, Ontario's Minister of Infrastructure and Minister of Transportation, said that his government is moving forward with The Big Move."

"So far, three levels of governments have found $16 billion out of the $50 billion needed for The Big Move," Steinberg said. "Where will the remaining $34 billion come from?" The budget provided only hints. One source is a network of road tolls, announced in yesterday's budget, but tolls would likely raise only $25 to $45 million, according to the Toronto Region Board of Trade. On June 1, Metrolinx will release suggestions for more sources of revenue.

"We're hopeful that Metrolinx and Ontario will stick with a long-term view," Steinberg said. "Chronic under-investment has created a massive infrastructure deficit in this province. Roads, bridges, transit systems and other critical infrastructure in Ontario are assets owned by the people of Ontario, and like all assets, they require investment and re-investment over the long term."

"When you look at improving transportation and infrastructure, we're in for a marathon, not a sprint," he added.

Consulting Engineers of Ontario (CEO) is non-profit association representing 200 engineering firms that employs nearly 20,000 Ontarians. CEO's mission is to promote a sustainable business environment for members.

Contact Information

  • For CEO's budget briefing paper, interview with Barry
    Steinberg or other information, please contact:
    Consulting Engineers of Ontario (CEO)
    Alex Gillis
    Communications Manager
    Cell: 647-239-2299

    agillis@ceo.on.ca
    www.ceo.on.ca