Sohi tries to dispel fears about private investment in public infrastructure
OTTAWA — The Trudeau government is trying to dispel fears about its plan to tap some of the world’s wealthiest institutional investors to help fund infrastructure projects in Canada.
In an interview Tuesday, Infrastructure Minister Amarjeet Sohi said the plan will not inevitably mean imposing road tolls and fees just to ensure that private investors can reap a return on their investments.
Moreover, he played down concerns that it could lead to state-owned foreign enterprises from countries like China controlling strategic infrastructure in Canada.
And he insisted the government won’t leave in the cold smaller projects that won’t provide any return on investment.