Canada needs new infrastructure, but there’s a catch-22: developers can’t move forward without financing, and investors are wary of early-stage risk. So how do we break the cycle? Banking on the United States is risky, which is why McGill’s Sebastien Betermier tells us that Canada’s infrastructure banks need a sense of direction from Ottawa as we decouple our economies. There are also other countries – such as Australia – we can turn to for advice.
