Make the Canada Infrastructure Bank Private Sector-Driven
Make the Canada Infrastructure Bank private sector-driven by George Abonyi, David Abonyi. Originally published on Policy Options November 11, 2020 https://policyoptions.irpp.org/magazines/november-2020/make-the-canada-infrastructure-bank-private-sector-driven/
6 Pages Posted: 22 Jan 2021
Date Written: November 11, 2020
The Canada Infrastructure Bank (CIB) should be restructured in order to carry out its main role of mobilizing private funds for infrastructure finance. It should become more private sector-driven and market responsive. Combined with an effective government framework for public investment, including for participation in public private partnerships (PPP), this would provide a strong institutional foundation for addressing Canada’s infrastructure gap. It would allow mobilizing significant private sector resources for project finance, and ensure that such investment ultimately serves the public interest.
Keywords: Public Private Partnership (PPP), Infrastructure Project Finance, Infrastructure Bank, Canada Infrastructure Bank
JEL Classification: H40, H41, H49, H54, H59
Suggested Citation: Suggested Citation