The Globe and Mail reports in its Friday, Nov. 7, edition that Prime Minister Mark Carney's 2025-26 budget aims to spend $115-billion on infrastructure projects to boost growth, pending parliamentary approval. The Globe's guest columnist Scott Clayton writes in the Number Cruncher column that key highlights include a $50-billion Build Communities Strong Fund for local housing, transportation and health projects, and a $1-billion fund from Transport Canada for major Northern transportation projects over four years. Additionally, the proposed Trade Diversification Corridors Fund would allocate $5-billion over seven years for port, railway and airport infrastructure. with the goal of supporting Canadian businesses, stimulus spending would greatly benefit the country's engineering, construction and heavy equipment firms. Mr. Clayton recommends buying WSP Global. It provides engineering and consulting services integral to planning and building infrastructure. He also likes Montreal-based Atkinsrealis Group, which has two main businesses: engineering services and nuclear. WSP and Atkinsrealiss have seen sharp price climbs over the past couple of years or so, explaining their low yields.
© 2026 Canjex Publishing Ltd. All rights reserved.