The federal government is creating a new $4 billion Infrastructure Stimulus Fund in tomorrow’s budget to help jumpstart the sagging economy, Transport Minister John Baird announced Monday.

It’s part of $7 billion in infrastructure spending projects to be doled out by the Jan. 27 stimulus package, Baird said.

Monday’s announcement is the latest advance leak by the Conservatives in advance of their Jan. 27 fiscal plan.

Many elements of Tuesday’s budget have already been leaked, including billions of dollars for social housing, job retraining, agriculture and tax cuts.

The government expects to have a $64 billion deficit over the next two years.

IE