
PO Podcast 156 - Building the Federation: Infrastructure within Federalism
Futureproofing Canada
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The Canadian Capital Stock Is Increasing, but Who Owns It?
The value of the Canadian public capital stock is up to 2002 and it was worth about $200 billion in 2015 purchasing power. 75% of this infrastructure is owned by provincial and local governments, which has risen to over 90% in 2002. The money is seen as residing with the federal government, but the construction and the ownership of the assets is gonna be provincial and local. So who's going to pay for it?
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