The Foundations of a Competitive Canada: The Need for Strategic Infrastructure Investment (2013)

In this report, the Canadian Chamber of Commerce points to the need for permanent infrastructure funding, similar to ongoing investment in healthcare, education, recreation, and public safety.

Public infrastructure such as roads, bridges, highways, water systems, and the electrical grid provide services critical to economic competitiveness, the authors say. Without sufficient investment and upkeep of public infrastructure stock, countries rapidly fall behind. For example, from the mid-1990s until 2006, infrastructure investment in Canada declined, while investment in infrastructure in the United States increased by 24 percent. Over the same period, Canada went from near parity with U.S. productivity to 20 percent lower.

There has been renewed interest in, and funding for, core public infrastructure in recent years. The challenge for Canada now is to ensure current infrastructure investment levels are not viewed as a one-off contribution to recession fighting but rather as the start of a new sustained level of investment.

The financial requirements for such investments far outstrip the availability of public funds, the authors note. Bringing infrastructure in Canada back to the level needed to support prosperity will require an ongoing commitment by all levels of government and active engagement with stakeholders in the private sector.

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2014-01-30
APA citation
Canadian Chamber of Commerce. The Foundations of a Competitive Canada: The Need for Strategic Infrastructure Investment 2013. Web. 25 Feb. 2021 <http://en.copian.ca/library/research/ccc/foundations_competitive_canada/foundations_competitive_canada.pdf>
Canadian Chamber of Commerce (2013). The Foundations of a Competitive Canada: The Need for Strategic Infrastructure Investment. Retrieved February 25, 2021, from http://en.copian.ca/library/research/ccc/foundations_competitive_canada/foundations_competitive_canada.pdf
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