Economic development in Canada has followed a steady trajectory. Beginning in 2009 and continuing in the past five years, key economic indicators have begun to point upward. New construction and housing starts, manufacture, and infrastructure investment are on the rise throughout Canada, providing increased projections in employment and overall GNP.
Private-public sector initiatives have spurred economic growth in smaller communities. The Building Canada Plan, for example, targets monies to municipalities of fewer than 100,000 people. These funds can be used for infrastructure development including roads, sewers and waste management facilities, and are also available for capital construction projects. The idea is to stimulate the economy to provide more jobs and resources for residents of these smaller communities.
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