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Funding and Financing

Reducing Transaction Costs on Infrastructure Corridor Projects in Canada Funding and Financing

Reducing Transaction Costs on Infrastructure Corridor Projects in Canada

André Le Dressay, Jason Calla and Jason Reeves

The School of Public Policy Publications

Volume 15 • Issue 11 • March 2022

 

This paper uses a comparative systems analysis to identify specific transaction costs in four areas — historic, infrastructure development process, fiscal and economic systems. We argue these transaction costs can be significantly reduced by systematically implementing Indigenous fiscal, infrastructure and lands jurisdictions because this will permanently ensure that Indigenous communities and people are able to receive similar fiscal and economic benefits generated from infrastructure corridor projects as those enjoyed by other Canadians and other governments.

 

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Financing and Funding Approaches for Establishment, Governance and Regulatory Oversight of the Canadian Northern Corridor Funding and Financing

Financing and Funding Approaches for Establishment, Governance and Regulatory Oversight of the Canadian Northern Corridor

Anthony E. Boardman, Mark A Moore and Aidan R. Vining

The School of Public Policy Publications
Volume 13 • Issue 25 • October 2020

The Canadian Northern Corridor (CNC) is a proposed multimodal, multijurisdictional corridor. It is a highly complex, long-term infrastructure project. Such projects often fail to get implemented, but the limited evidence suggests that they can get built when a single entity (a national government or a supranational organization) assembles the rights of way and provides corridor access to various infrastructure providers. This entity, which we refer to as the “assembler,” has to (1) assemble the required rights of way from all those currently holding the property rights; and (2) decide on the allocation of, at least, usage property rights to different kinds of infrastructure providers (and ultimately users of that infrastructure).

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