Canada to spend billions more on infrastructure as growth lags

* Canada to ramp up infrastructure spending* Gov’t taps prudence fund as growth lags forecast* Canada will set up infrastructure bank

(Adds Ottawa raising investment threshold sooner than planned,
making it easier for firms to hire skilled workers)By David LjunggrenOTTAWA, Nov 1 Canada will boost spending on
infrastructure projects by an extra C$81 billion ($60.49
billion) over the next 12 years in a bid to revitalize a limping
economy, Finance Minister Bill Morneau said on Tuesday.The Liberal government, trying to deal with a prolonged oil
slump that has slashed revenues, is committed to pouring a total
of C$187 billion into infrastructure between …
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