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.
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Dan Albas is the proud Member of Parliament for
Central Okanagan – Similkameen – Nicola
Central Okanagan – Similkameen – Nicola