Since then, 860 projects have been approved across Canada. But only one, a disaster mitigation project in Whitecourt, Alta., has actually broken ground in that time frame.
And indeed, it shows that the Whitecourt project is the only one that's even started construction, after breaking ground on July 13.
Bloomberg said the dataset likely underestimates how much progress has actually been made on these projects.
An Infrastructure Canada spokesperson said numerous projects have started their work and that 65 per cent of the ones announced as part of the funding's first phase are in progress.
But the lack of advancement on them shows that it's tougher to stimulate the economy through infrastructure spending than many likely anticipated.
TD noted this in September, when it issued a report showing that stimulus spending won't add as much to Canada's economy as the federal government said it would.
The Liberals said their spending would add 0.5 per cent to Canada's GDP this year and one per cent from 2017 to 2018.
TD, however, said it was more likely to add 0.3 per cent and 0.2 per cent to the economy in each of the next two years, for a total of 0.5 per cent.
The revelations come amid questions about how much Trudeau's Liberals are actually pulling off, despite the hopeful campaign that put them in government.
Prime Minister Justin Trudeau speaks at a global town hall hosted by The Huffington Post Canada in Toronto on March 7, 2016. (credit:Tim Fraser/The Huffington Post Canada)
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The prime minister answered questions on foreign policy from readers, students and HuffPost’s international editions. (credit:Tim Fraser/The Huffington Post Canada)
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The event was moderated by HuffPost Canada’s Ottawa bureau chief, Althia Raj. (credit:Tim Fraser/The Huffington Post Canada)
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The Huffington Post editor-in-chief Arianna Huffington poses a video question to the prime minister. (credit:Tim Fraser/The Huffington Post Canada)
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Trudeau, left, answers questions from The Huffington Post's global editorial director Howard Fineman, right, and moderator Althia Raj. (credit:Tim Fraser/The Huffington Post Canada)
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Audience members listen as Prime Minister Justin Trudeau speaks at a global town hall. (credit:Tim Fraser/The Huffington Post Canada)
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Trudeau listens to a video question from a Huffington Post editor in Spain. (credit:Tim Fraser/The Huffington Post Canada)
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The control room at The Huffington Post Canada's global town hall with Prime Minister Justin Trudeau.
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Audience members listen as Prime Minister Justin Trudeau speaks at a global town hall. (credit:Tim Fraser/The Huffington Post Canada)
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Trudeau pauses for a Snap after a global town hall hosted by The Huffington Post Canada. (credit:Tim Fraser/The Huffington Post Canada)
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HuffPost Canada video editors Kait Howell and Brian Trinh livestream the post-show. (credit:Tim Fraser/The Huffington Post Canada)
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Trudeau, left, chats with The Huffington Post's global editorial director Howard Fineman as HuffPost Canada's Ottawa bureau chief Althia Raj looks on. (credit:Tim Fraser/The Huffington Post Canada)
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Prime Minister Justin Trudeau poses for photos after a global town hall. (credit:Tim Fraser/The Huffington Post Canada)
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Trudeau with HuffPost Canada’s Ottawa bureau chief, Althia Raj and HuffPost global editorial director Howard Fineman. (credit:Tim Fraser/The Huffington Post Canada)
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