Building a Strong
$7.5 billion invested in infrastructure over two years
Pto stimulate provincial economic recovery remier Scott Moe announced in May 2020 a $7.5-billion, twoyear
capital plan to build a strong Saskatchewan and stimulate
Saskatchewan’s economic recovery from the impact of
the COVID-19 pandemic. The $7.5 billion in infrastructure funding represents
a $2 billion increase over the government’s existing capital plan.
“Over the next two years, our government will invest $7.5 billion in
schools, hospitals, highways, Crown utility projects, municipal infrastructure
and other important capital projects designed to build a strong
Saskatchewan,” said Moe. “This is a $2 billion economic booster-shot over
and above the $5.5 billion our government had already planned to invest in
capital projects over the next two years and will be an important step in our
province’s economic recovery.”
The $7.5 billion stimulus package will be committed over the next two
years and includes the $2.7 billion Crown and executive government capital
spending already accounted for in the province’s 2020–21 estimates,
and the $2.8 billion Crown and executive government capital spending
projected for the 2021–22 fiscal year.
The $2 billion stimulus injection will balance the need for smaller, shortterm
projects to jump-start economic activity and get people back to work
quickly with longer term, large-scale projects that leverage multiple sectors
24 Think BIG | Quarter 3 2020 | saskheavy.ca
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