OTTAWA, Ont. — Prime Minister Jean Chretien has made Allan Rock responsible for the $2 billion infrastructure fund announced at the last budget but it could be a while before it’s spent.
Rock, the federal Industry Minister, says he’s not sure how long the money will last.
"My focus right now is on the $2 billion and making sure that’s invested strategicallyfor the long term improvement of the economy in all regions of the country," says Rock.
There has been speculation the money will go towards twinning portions of the Trans-Canada Hwy. but there’s also been suggestions that the money will go towards the railways. Rock admits he’s not sure when the money will be available for him to spend.
Chretien also gave more responsibilities to Transport Minister David Collenette yesterday, making him responsible for five federal Crown Corporations.
"In addition to all of the transportation issues that are coming forwardI can now work on urban transport issues and also housing issues," says Collenette.
Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry. All posts by Truck News