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I was on CBC Politics Power & Politics earlier this week talking about the new Infrastructure Bank.
In order for the Infrastructure Bank to gain any private sector investors, the bank will need to pay competitive rates of return– these interest rates will of course be higher than the rates that the Government can borrow at so in effect this new Infrastructure Bank could ultimately end up subsidizing private investors who would enjoy lucrative and guaranteed rates of return. Atlantic Canada has had to bear, a lot of Real Change.
As the Deputy Finance Critic, I have a few things to say about the Fall Economic Update that the Liberal government delivered to us yesterday.
This update is clear that in the absence of having any substantive plan for our economy, the Liberals are using the time-honoured practice of throwing money that Canadians do not have, at a problem that adding more debt will not fix. What do you think about the direction our economy is heading in? Leave a comment below! |
Dan Albas is the proud Member of Parliament for
Central Okanagan – Similkameen – Nicola
Central Okanagan – Similkameen – Nicola