Infrastructure Bank Fails to Deliver $20B in Projects

1 month ago
3

📝 DESCRIPTION
Infrastructure Bank Fails to Deliver $20B in Projects—and no one in power seems to care.

The Canada Infrastructure Bank was sold to Canadians as a $35 billion engine for economic transformation. Eight years later, it has disbursed less than half that amount. The Parliamentary Budget Officer now predicts it won’t even come close to meeting its mandate by 2028. Meanwhile, only seven projects have been completed—despite billions allocated.

What happened? The answer lies in the incestuous web of insider appointments, elite consulting firms, and agenda-driven “green” mandates. From McKinsey alumnus Dominic Barton to World Economic Forum ally Michael Sabia—who personally oversaw the bank account freezes of Canadian citizens—this story is less about infrastructure and more about influence.

The Carney government’s strategy is clear: weaponize state capitalism, hand-pick insiders, outsource accountability—and still ask for more. But when two-thirds of co-investments are funded by public, not private, partners, it’s not investment. It’s redistribution—without consent.

This isn’t a partisan issue. It’s a moral one. A free society depends on transparency, on consequences, and on public trust in institutions.

So ask yourself:

How many more billion-dollar failures can taxpayers afford?
And how long until Canadians say—enough?

🔍 KEYWORD
#infrastructurebank #canadianpolitics #markcarney #governmentwaste #fiscalaccountability

Loading 2 comments...