The Government’s Proposed Infrastructure Bank: A 21st Century Trojan Horse

For decades (1938 to 1974), the publicly owned Bank of Canada funded a wide range of public infrastructure projects – the Trans-Canada Highway, the St. Lawrence Seaway, airports, hospitals, universities, etc. – by providing near-zero interest loans to provincial governments. None of these in- frastructure projects caused inflationary problems in the economy, and none caused our governments to become indebted to private and foreign lenders. That hidden history is now emerging, thanks to the efforts of many. http://www.comer.org/archives/2016/COMER_MarApr2016.pdf