Pension Funds Urge Trudeau to Think Big on Infrastructure
- Funds urge Canada to adopt Australia, U.K. spending models
- Infrastructure spending deficit sits at C$150 billion
Pension Funds Urge Trudeau to Think Big on Infrastructure
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Canada’s largest pension funds have advice for Justin Trudeau’s government as it prepares to double its infrastructure investments over the next decade: follow the Australian model and think big.
The funds, which manage more than C$760 billion ($568 billion) in combined assets, say they need large projects like airports, toll roads and ports to justify their time and investment with so many global assets competing for their cash.