Edward Greenspon: Oil Chaos and the M.I.A. Strategy
Policy Speaking BlogThursday April 2, 2020
The Government of Canada is leading a resurgence in infrastructure spending, with a 12-year budget of more than $180-billion and the creation of key institutions such as the Canada Infrastructure Bank. Provinces are doing their part, with long-term infrastructure plans and more spending, and municipalities are also increasing their infrastructure budgets.
But will this spending be remembered for being visionary, innovative and inclusive, for building the country’s productivity, competitiveness and social equity? Or will the successes be outweighed in the public mind in the years to come by the failures?
To ensure that infrastructure funding is spent to best effect, governments should set priorities and make decisions according to the following six principles: