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Infrastructure bank will shortchange small communities: Opposition MPs

By Marco Vigliotti      

The Tories' infrastructure critic says she doesn't understand the need for the government's proposed infrastructure bank, when there already is P3 Canada.

Infrastructure Minister Amarjeet Sohi dismisses opposition accusations that the government's proposed infrastructure bank will only benefit larger municipalities, saying it will be open to communities of all sizes. The Hill Times photograph by Andrew Meade
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Infrastructure Minister Amarjeet Sohi is dismissing opposition accusations that the Liberals' planned infrastructure bank will only pump resources into large urban centres, to the detriment of smaller rural ones, saying it's merely an additional tool to help secure needed funds that will be open to municipalities of all sizes. The bank is designed to pull in billions of dollars in private investment for infrastructure projects. It will include government-provided low-cost loans and loan guarantees to the provinces and municipalities, and equity investments,

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