I was flipping through the news today and came across another story about the Federal Government's proposed Infrastructure Bank. After reading it, I thought the Sunshine Coast Connector Project could be an excellent candidate for this kind of funding: A toll bridge that could easily command a hefty toll, and potentially lead to significant economic development (property bonanza).
The key is they need large projects that could generate a decent return for investors (Toll roads, bridges, hospitals, etc). They don't name any specific 'large' projects, but one can easily dream up some big projects... or simply look at ones that are in development, such as the George Massey Bridge, Sunshine Coast Connector, new (expensive) bypasses on the TransCanada Hwy in BC that could be tolled, etc.
http://www.680news.com/2016/11/13/pm...ture-projects/
by Joan Bryden and Jordan Press, The Canadian Press
Posted Nov 13, 2016 2:54 pm EST
Last Updated Nov 13, 2016 at 3:20 pm EST
...
Government insiders say the expectation is that the bank will focus initially on funding one class of projects, like hospitals or bridges, and then expand its scope to other projects over time. It’s a similar path to the one followed by the Ontario government in setting up its own arm’s-length infrastructure corporation.
No specific projects have yet been identified for funding from the bank but Trudeau, Morneau and Sohi are expected to tell potential investors Monday that toll bridges, energy grids and water systems could all be attractive investments for fund managers looking for predictable, long-term returns.
But finding Canadian projects
big enough for the likes of BlackRock and its clients will be a challenge, officials say. That’s partly why the Monday morning meeting with the relatively smaller Canada-based funds is important too.
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