Finance Minister Roger Melanson tabled the 2016-2017 Capital Budget in the Legislative Assembly Dec. 17, 2015. The $656.1 million capital budget is focused on strategic infrastructure investments which will create jobs and properly repair and maintain existing infrastructure.
The capital budget investment will contribute an estimated $494 million to the economy and support upwards of 6,200 jobs next year. Infrastructure work will be done in accordance with the principles of asset management and the recommendations of the auditor general.
The capital budget continues to address a commitment to develop a multi-year infrastructure plan by also projecting investments that will be made through to 2018-2019.