The Conservative government will release an accounting of its stimulus spending Monday showing 97 per cent of related infrastructure projects are under way. But, it is also warning that despite the slowing economy it is committed to turning off the taps on schedule and meeting its deficit-cutting goals.

Finance Minister Jim Flaherty, who will release the sixth status report on the government's $47-billion, two-year Economic Action Plan at 11:30 a.m. in Montreal, said Sunday that the funding has allowed close to 22,500 projects to be started across the country. But while the minister acknowledged that "challenges in the American economy" will mean "moderate growth" and a "fragile" recovery in Canada this year, he reiterated that stimulus spending - which led to the biggest federal budget shortfall in Canadian history - cannot "go on forever.''

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