Infrastructure banks can help address economic needs
听
US tariffs have exposed the vulnerable underbelly of the Canadian economy鈥攐verdependence on our nearest neighbour. In many cases, Canada lacks the infrastructure to even send the goods we produce to other countries. To open new trade routes, we鈥檒l need to expand our port infrastructure, writes Sebastien Betermier in an intelligence memo for the CD Howe Institute. And that鈥檚 just one of the shortcomings of our infrastructure. In Canada, private developers face a catch-22: they need capital to build infrastructure and investors balk at the risk. Infrastructure can help resolve this dilemma in a cost-effective way. These institutions are self-sustaining. They invest in infrastructure that will pay off, and reinvest the proceeds in more infrastructure.
Feedback
For more information or if you would like to report an error, please web.desautels [at] mcgill.ca (subject: Website%20News%20Comments) (contact us).