Canadian Press/Adrian Wyld
shironosov via Getty Images
OTTAWA — A new federal agency designed to fuse public and private dollars to help build infrastructure in Canada could end up building new roads and bridges south of the border — so long as they conne...
Richard Lautens via Getty Images
If our economy is shifting, how much emphasis do we really need to place on filling predicted shortages and attracting more young people to the trades? While we focus so much on the digital space, we can't forget that Canada is about to make massive investments in physical infrastructure.
Chris Wattie / Reuters
Mr. Tory is no transit messiah. In fact, he has been instrumental in ensuring that public transit investments in Toronto are based not on scientific evidence, but on political brinkmanship.
Chris Wattie / Reuters
Trump's election in the U.S. may drive investors to Canada.
The federal deficit is rising, far beyond the $10 billion projected in the Liberal's election platform. The stated purpose of running $130 billion of deficits over five years is to stimulate the Canadian economy, whose prospects for growth are deteriorating.
Martin Barraud via Getty Images
The first is coping with the inexorable trend towards urbanization. By 2036, over 60 per cent of the world's population will reside in cities. The burgeoning number of urban dwellers worldwide will put pressure on city governments in areas ranging from housing to services, infrastructure to transportation.
Arpad Benedek via Getty Images
Ottawa's most important policy response to lagging growth has been a return to that great theme of Canadian history: building. Sixty per cent of Canada's GDP depends on trade. Canadians need to build now to get our goods and services to the growing global middle class, projected to grow from 1.8 billion today to five billion by 2030.
This new federal funding was earmarked in Justin Trudeau's first budget last March. In a one-time "Strategic Investment Fund for Post-Secondary Institutions," it totals $2 billion nationally over the next two years.
Ricardo Moraes / Reuters
Quebec and B.C. on board.
Chris So via Getty Images
People around the world love the Olympics. The Games bring nations together and promote peace through friendly competition. They tell life-affirming stories of humanity's endurance and drive and the capabilities of our bodies. They bring joy to so many that we need to devise some way to stop them from also bringing so much pain in the form of billions of dollars of debt.
Politicians across Canada trot out transit ridership forecasts that support their favourite projects. In the pretext of following evidence-based decision-making, many equate projections with evidence. They are sadly mistaken.
Justin Trudeau Instagram
I think I'm reasonably well versed in issues surrounding the Energy East Pipeline, both economic and environmental. But I am struck by how, in any official TransCanada communications about environmental implications of the project, climate change is never mentioned.
Bernard Weil via Getty Images
Premier Christy Clark said the new funding will help fight climate change in Metro Vancouver.
Politics aside, the concept behind infrastructure spending in theory makes sense: with interest rates near all-time lows and little expectation of them going up in the short term, now is probably as a good a time as any to borrow money and put it to work.