Canada unfazed by U.S. competition for infrastructure funds: Reuters
Canada is not worried about competing with the United States to draw private investment in infrastructure, Prime Minister Justin Trudeau said this week, adding that the country's long-term stability is attractive to investors. Ottawa wants to attract $4 to $5 in private funding for every $1 coming from the public purse and is speaking to sovereign wealth funds and global private equity firms, as well as domestic pension funds. Attendees at an event organized by the Canadian government in collaboration with U.S. investment firm BlackRock included such potential partners as Norway's Norges, the Qatar Investment Authority and Singapore sovereign investor Temasek.
14 November 2016•2 mins read
