Financing and Funding Approaches for Establishment, Governance and Regulatory Oversight of the Canadian Northern Corridor

The School of Public Policy Publications, Volume 13:25, October 2020

39 Pages Posted: 7 Jan 2021

See all articles by Anthony E. Boardman

Anthony E. Boardman

University of British Columbia (UBC) - Division of Strategy and Business Economics

Mark Moore

Beedie School of Business, Simon Fraser University

Aidan Vining

Simon Fraser University

Date Written: October 29, 2020

Abstract

The Canadian Northern Corridor (CNC) is a proposed multimodal, multijurisdictional corridor. It is a highly complex, long-term infrastructure project. Such projects often fail to get implemented, but the limited evidence suggests that they can get built when a single entity (a national government or a supranational organization) assembles the rights of way and provides corridor access to various infrastructure providers. This entity, which we refer to as the “assembler,” has to (1) assemble the required rights of way from all those currently holding the property rights; and (2) decide on the allocation of, at least, usage property rights to different kinds of infrastructure providers (and ultimately users of that infrastructure). For the CNC, the assembler could be the federal government or a consortium that also includes subnational levels of government. Because First Nations and other Indigenous groups in Canada have constitutional (or at least quasi-constitutional) status, they might also have a role in a consortium.

Keywords: financing, fundraising, infrastructure, northern corridor

Suggested Citation

Boardman, Anthony E. and Moore, Mark and Vining, Aidan, Financing and Funding Approaches for Establishment, Governance and Regulatory Oversight of the Canadian Northern Corridor (October 29, 2020). The School of Public Policy Publications, Volume 13:25, October 2020, Available at SSRN: https://ssrn.com/abstract=3730149

Anthony E. Boardman (Contact Author)

University of British Columbia (UBC) - Division of Strategy and Business Economics ( email )

2053 Main Mall
Vancouver, British Columbia
Canada

Mark Moore

Beedie School of Business, Simon Fraser University ( email )

500 Granville Street
Vancouver, British Colombia V6C 1W6
Canada
778-782-7715 (Phone)

HOME PAGE: http://https://beedie.sfu.ca/profiles/MarkMoore

Aidan Vining

Simon Fraser University ( email )

8888 University Drive
Burnaby, British Columbia V5A 1S6
Canada

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