High-tech sector says we need more stimulus; to spend on smart infrastructure

OTTAWA -- Canada's high-tech sector says the federal government is taking the right step by reaching for economic stimulus, but asserts that the amount of stimulation should be double what’s in the current budget, and needs to be invested in "jobs for the future", in transformation, not bail-outs. The 33,000-member Canadian Advanced Technology Alliance (CATA) estimates that at least $60-billion needs to be spent “to match the intensity of the American response to what is clearly perceived by the American President Obama as an emerging depression,” says a CATA press release. "While we are pleased to see the government heading...