PBO Estimates $159 Billion in Federal Infrastructure Spending Over Five Years
The Parliamentary Budget Officer (PBO) has released a new report estimating that the Government of Canada will spend $159 billion on infrastructure between 2025-26 and 2029-30.
This estimate is based on data from federal departments and past trends. It does not include the revised NATO 5% defence spending target or additional defence-related expenditures outlined in Supplementary Estimates (A), 2025-26.
While federal reporting on infrastructure projects has improved, the PBO finds there is still no single, timely source that provides a complete picture of total infrastructure spending. This lack of transparency makes it difficult for Parliament and Canadians to evaluate the effectiveness and fiscal impact of infrastructure spending.
“Infrastructure spending is a major federal expense, yet there’s no clear view of where the money is going or what impact it’s having,” said Jason Jacques, Interim PBO. “This report underscores the need for more transparent and coordinated reporting so we can better understand the impact on the Government’s bottom line.”