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PO Podcast 156 - Building the Federation: Infrastructure within Federalism

Futureproofing Canada

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Infrastructure Infrastructure - When Is It Wealth Creation or Redistribution?

Infrastructure supported by provincial and local governments aimed at retaining more wealth from exports generated in their region. If they can have more competitive transportation, cheaper energy, better communication services, then they can use their infrastructure to keep more of the wealth local. You get indivisible investments which creates the lumpiness. And it also turns out we build a lot of infrastructure whenever the country has a number, like 100 or 150.

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