Ottawa needs to reboot infrastructure bank, or shut it down [Toronto Globe and Mail (Ontario, Canada)]
Royal Bank Of Canada (RY)
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Source: Toronto Globe and Mail
Ottawa needs to reboot infrastructure bank, or shut it down President and CEO of the Canada Infrastructure Bank Pierre Lavallée, seen here on Aug, 1, 2019, was recruited from Canada Pension Plan Investment Board in June, 2018. Justin Tang/The Canadian Press President and CEO of the Canada Infrastructure Bank Pierre Lavallée, seen here on Aug, 1, 2019, was recruited from Canada Pension Plan Investment Board in June, 2018. The federal Liberals are mulling a reboot of the Canada Infrastructure Bank over frustrations with what the government perceives as a failure to execute at the $35-billion investment fund. Rather than swapping in new leadership – we’ll come back to that line of speculation shortly – the smarter move would be to put the Liberals’ considerable resources behind shifting the way governments of all stripes approach big-ticket projects. That means embracing previously un-Canadian concepts such as user fees, which are central to the success of the CIB. Canadians would pay
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