From Jeremy Arney – Leader of CAP
Fall economic Update by Minister of Finance for Canada in the Canadian House of Commons 1st November 2016
At approximately 1524 in the update the Minister of Finance announced this, and I quote from Hansard:
“Our communities need to keep people and goods moving. Our most vulnerable citizens need housing. Our kids need and deserve clean air and clean water. Our country needs long-term economic growth.
To solve these challenges, we need to think even bigger. We need reliable partners. Canada’s pension funds and institutional investors around the world have world-leading expertise and they are eager to make big, long-term investments in Canada.
I am happy to announce that the Government of Canada is establishing a new Canada infrastructure bank, through which at least $35 billion will flow to help us undertake transformative projects that might not otherwise get built. This bank will allow us to create thousands of jobs, get more projects built, and attract $4 to $5 in private capital for every tax dollar invested. That is progress.”
Then at 1525 or so this:
Continue reading “Canada’s Fall Economic Update or Alice through the looking glass”