The authors of a new research paper are urging the federal Liberals to rethink their promised infrastructure program so as not to saddle taxpayers with unexpected costs as the years drag on. Benjamin Dachis (DAW'-kiss), a senior policy analyst with the C-D Howe Institute, says governments of all levels need to fund projects that have the biggest, long-term economic returns. (The Liberals have promised to spend an extra six-billion dollars a year on roads, bridges, water and sewer systems, green energy projects, as well as "social" infrastructure like child care facilities and affordable housing.)

Date: 2016-01-13
Placeline: OTTAWA.
Source: The Canadian Press
Length: 13 seconds

Transcript Prediction: << eating even more of a bottom-up approach where the right projects with the highest rate of return high for long-term economic return get selected and that means that they need to have a judicious cost-benefit analysis across the economy >>

Earbank_2016-01-13_Howe-Paper_9389