PCA applauds Alberta’s fiscally responsible budget

0
33
gemini ai image
Image generated through Artificial Intelligence by Google Gemini

CaDCR staff writer

The Progressive Contractors Association of Canada (PCA), a national association whose member companies employ thousands of Alberta construction workers, says it applauds the Government of Alberta’s 2024 budget, with its key focus on fiscal responsibility and investments in skills training and infrastructure to support the province’s growing population.

“It’s refreshing to see this government’s commitment to fiscal balance,” PCA president and CEO Paul de Jong said in a Feb. 29 statement.

“This is a responsible budget that at the same time makes major investments in health care, education, new apprenticeship spaces and infrastructure to keep Alberta’s economy strong, and growing.”

The United Conservative Party government’s Budget 2024 forecasts a surplus of $400 million in 2024-25 on total spending of $73.5 billion.

PCA is a strong supporter of UCP budget initiatives to address labour shortages, including $102 million in funding over three years to create 3,200 apprenticeship spaces in high-demand areas, and support curriculum development in trades training.

The budget also earmarks $25 billion in capital spending over three years to build critical infrastructure projects from new roads and hospitals to schools. That will support 24,000 direct and 13,000 indirect jobs.

“Alberta is undergoing significant population growth, and this government makes the kinds of investments in critical infrastructure and apprenticeship training to support that growth, attract investment and keep our province and the construction sector competitive,” added de Jong.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.