The Atlantic Provinces Economic Council (APEC), based in Halifax, Nova Scotia, has said in a recent major projects inventory that capital spending on major projects on Canada’s Atlantic coast is expected to fall by 7% this year, to $13 billion.
The body said an overall decline in energy-related spending is expected in three of Canada’s four Atlantic coast provinces.
The exception is New Brunswick, "where growing infrastructure, electricity and transportation investment will result in an 18% surge, to $2.3 billion", the Daily Commercial News reported.
However, the long-term...
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