StrategyCorp’s Michael Fenn co-authors a new report from the Mowat Centre how to finance badly needed infrastructure upgrades in the Great Lakes and St. Lawrence Region.
“Given the long inventory of projects that need funding, the recognized need for new investment and historically-low interest rates, we should be witnessing a period of extraordinary new building. Yet citizens have often been reluctant to pay the taxes needed to fund the scale of investment that is necessary. On the other hand, the private sector is interested in seeking out partnerships with public bodies and is investing globally in long-term stable investments like infrastructure projects. This paper explores various existing and emerging models of alternative financing of infrastructure in the GLSLR and identifies the most appropriate models for future projects in the region. Specific attention is paid to potential models for projects that involve more than one jurisdiction and their ability to coordinate efforts across borders.”