Federal Liberals threaten to repeat Ontario Liberals’ corporate welfare

Every politician wants to talk about infrastructure and be seen as a civic-minded future-builder. The insidious genius of the Ontario Liberals was to put that noble public urge at the service of private greed.

And now it seems the federal Liberals’ have the same thoughts.

The Trudeau Liberals are proposing to create an Infrastructure Bank that would use private equity financing for projects — financing expected to be four times more costly than public bonds.

Share