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Coronavirus: Quebec to invest nearly $3 billion in infrastructure to reboot the economy

Click to play video 'Quebec Government to spend nearly three billion dollars worth of infrastructure projects to kick start the economy' Quebec Government to spend nearly three billion dollars worth of infrastructure projects to kick start the economy
WATCH: Quebec government to spend nearly $3 billion worth of infrastructure projects to kick start the economy – May 14, 2020

The Quebec government announced it will spend up to nearly $3 billion in infrastructure projects to kick start the province’s economy amid the COVID-19 pandemic.

The government said $700 million of the new funds will go to a new style of small seniors residences known as Maison des Ainés, as well as the purchase of hospital beds.

READ MORE: Montreal-area schools to stay closed until September amid coronavirus crisis

In March, the Quebec Infrastructure Plan (PQI) announced $11 billion in funding toward various infrastructure projects, including schools, roads and public transportation.

Minister of Finance Éric Girard said the major economic impact of the COVID-19 pandemic in recent months led the government to conclude that it had to boost the economy of several sectors, primarily that of construction, with an additional $2.9 billion.

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The PQI spending for the current year therefore increases from $11 billion to almost $14 billion.

Click to play video 'Coronavirus: No return to school for Montreal area children' Coronavirus: No return to school for Montreal area children
Coronavirus: No return to school for Montreal area children – May 14, 2020