National Post View: The Liberals’ infrastructure bank ignores experts’ recommendations and puts Canadians on the hook for investor risk - News Summed Up

National Post View: The Liberals’ infrastructure bank ignores experts’ recommendations and puts Canadians on the hook for investor risk


As the Liberal government moves closer to making the Canada Infrastructure Bank a $35 billion reality, you would think Canadians would be getting more clarity about the bank, not less. Specifically, the council proposed using the bank to harness private money and expertise for large infrastructure projects that would have traditionally fallen to government to fund, with some too unaffordable for that. Investors would have an incentive to invest, because the bank would screen projects for their ability to generate future revenue streams. For one, there are concerns over how the Liberals have approached implementing its founding legislation, Bill C-44. As Jack Mintz argued in the Financial Post, government might also need to regulate user fees where projects have quasi-monopolistic characteristics.


Source: National Post June 02, 2017 20:03 UTC



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