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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Tuesday Document: Infrastructure Bank and Plans Tuesday

tuesday document: He pledged to prime the bank pump with $35 billion worth of public money as a way to bring in foreign capital, according to Guelph Mercury. But at the same time, he warned Canadians that tougher-than-expected economic hurdles still lie ahead. Related Stories Infrastructure bank key to Liberal... Highlights of federal economic... Finance Minister Bill Morneau laid out plans Tuesday to lift the sluggish economy with help from a new infrastructure bank. Morneau tabled fresh projections that included an additional $31.8 billion of red ink over the next five years. Tuesday document contained no projection for a return to balance. The deficit for 2016-17 is expected to be about $25 billion, and the statement foresees shortfalls every year across the outlook. (www.immigrantscanada.com). As reported in the news.