Fall Economic Statement: Privatization of Public Infrastructure on the Horizon
By Aurélie Sarrabezolles Research Director for Canada On November 1, Finance Minister Morneau gave an economic and fiscal update. The main highlight is the creation of the Canadian Infrastructure Development Bank (CIDB) in order to finance major infrastructure projects. The problem is that the Liberal government is going to fund the bank $15 billion, money which was supposed to be used to finance "socially useful, non-commercial projects like child