Third-Party Quotes

Third-Party Quotes

Toronto Region Board of Trade

“Toronto Region Board of Trade congratulates the Canada Infrastructure Bank for its second investment decision in its short history, building on its already-productive investment in the REM light rail project in Montreal,” said Jan De Silva, President & CEO, Toronto Region Board of Trade. “As a strong supporter of the concept of the Canada Infrastructure Bank and its potential to leverage new kinds of investments in major infrastructure projects, we and our big-city Chamber colleagues in the Canadian Global Cities Council can now point to two major transit-related investments in Canada’s two largest cities. Canadians in other cities and regions can be surer than ever that funding support for projects that can draw private investment will roll across the country as appropriate deals come forward.”

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Chambre de commerce de Toronto

« La Chambre de commerce de Toronto félicite la Banque de l’infrastructure du Canada pour son deuxième investissement depuis sa récente création, ce qui s’ajoute à son précédent investissement fructueux dans le projet de train léger du REM à Montréal, a annoncé Janet De Silva, présidente et chef de la direction de la Chambre de commerce de Toronto. En tant que fervents défenseurs du concept de la Banque de l’infrastructure du Canada et des possibilités qu’elle offre de réaliser de nouveaux types d’investissements dans des projets d’infrastructure d’envergure, nous et nos collègues des chambres de commerce des grandes villes regroupées au sein du Canadian Global Cities Council pouvons désormais citer deux investissements considérables dans le transport en commun réalisés dans deux des plus grandes villes du pays. Les citoyens et citoyennes d’autres villes et régions du Canada peuvent avoir l’assurance que des investissements visant à appuyer des projets ayant la capacité d’attirer des investisseurs privés seront réalisés dans l’ensemble du pays à mesure que des ententes satisfaisantes seront conclues. »

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Ontario Chamber of Commerce

“We are pleased to see critical investments being made in our Province that will ensure commuters and businesses have access to long-term and reliable transportation. This $2 billion commitment by the CIB delivers new money for GTHA transit and will attract additional investment from the private sector that will strengthen Ontario’s economy.”

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Chambre de commerce de l’Ontario

« Nous sommes heureux de voir que des investissements essentiels sont réalisés dans notre province. Ceux-ci permettront de garantir aux usagers et aux entreprises l’accès à un mode de transport fiable et à long terme. Cet engagement de 2 milliards de dollars de la BIC met de nouveaux fonds à la disposition du réseau de transport en commun de la région du Grand Toronto et de Hamilton et permettra d’attirer des investissements supplémentaires du secteur privé, ce qui renforcera l’économie ontarienne. »

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C.D. Howe

“Today’s announcement fits well within the CIB legislated intent. From a public policy standpoint, the CIB provides opportunities to improve the delivery of new infrastructure projects and produce a socially beneficial result. The investment in Ontario’s GO Expansion fulfills those goals.”

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C.D. Howe

« L’annonce d’aujourd’hui s’inscrit bien dans le mandat de la BIC. Du point de vue des politiques publiques, la BIC offre des occasions d’améliorer la réalisation de nouveaux projets d’infrastructure et de produire des résultats bénéfiques pour la société. L’investissement dans le programme Expansion de GO de l’Ontario permet de répondre à ces objectifs. »

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Canadian Urban Transit Association

CUTA is excited to see a joint @cib_en @InfraOntario $2 billion investment in the @Metrolinx rail network.

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Association Canadienne du transport urbain

L’Association canadienne du transport urbain (ACTU) est ravie d’apprendre que @cib_fra et @InfraOntario investiront 2 milliards de dollars dans le réseau ferroviaire @Metrolinx.

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Banking on Infrastructure – TD Economics

“CIB’s stated emphasis on revenue-generating projects and the prospect of innovation around asset ownership structures should serve to clearly differentiate it. Moreover, independence in how the CIB achieves its goals will both further distinguish the agency from its existing counterparts, and attract private capital. These characteristics should ensure that the CIB is truly additive to the Canadian infrastructure ecosystem.”

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Canada’s Infrastructure Bank Done Right – C.D. Howe

“Congratulations on establishing the Canadian Infrastructure Bank which, based on evidence, will advise, design and negotiate revenue generating projects as well as using innovative tools to invest in and attract private support for projects of national and regional importance. Congratulations on your focus on “revenue generating projects”. […] The purpose of infrastructure investment is to facilitate future growth of income and jobs, not just create jobs today that will be gone tomorrow. Really productive infrastructure projects take time to plan, to build, and to integrate with other investments both public and private.”

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Canada’s Infrastructure Revival: Let’s Get the Biggest Bang for Our Buck – Public Policy Forum

“Canada is experiencing an infrastructure revival like almost never before. It is on a scale approaching the construction of the 1950s and 1960s, when modern Canada—our universities and colleges, our hospitals, our highways—was built. […] Infrastructure, in particular, still suffers from a stigma as a cyclical investment, made when the economy needs a boost, as opposed to a long-term tool for productivity and competitiveness. Fast is good but good is better. […] The federal government has set up what promises to be a world-class infrastructure agency in the CIB. The CIB is focused primarily on leveraging $35-billion in seed capital to draw in private and institutional money to build revenue-generating infrastructure. The CIB also has been charged with leading a broader effort to gather infrastructure data and information nationwide to improve the evidence base for decision-making. To that end, as the CIB moves from start-up to build-out and steady-state operations, it will be well placed to participate in conversations about Canada’s infrastructure priorities and provide thought leadership on how best to get these done.”

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For Canada’s Growth, a Second Phase of Infrastructure Investment is Key – David Dodge, Kevin Lynch and Tiff Macklem, Globe and Mail

“Strategic infrastructure that unlocks private sector investment and innovation and provides gateways to new markets is an essential part of the solution. […] Executing a strategic investment plan focused on enhancing long-term productivity growth will require institutional structures with the resources and credibility to attract first-class talent in infrastructure investment, a sufficient scale and runway to attract large outside pools of capital, and sufficient independence to provide transparent and rigorous investment advice to government.”

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