Lorrie Goldstein of the Toronto Sun joins me to provide an in-depth look at the latest plank in the Liberal Party platform:
This proposal would "entice" large pension funds -- and possibly even the Canada Pension Plan -- to "invest" in infrastructure projects.
Right now, it's illegal for the government to interfere with how the CPP invests its money.
That could change if Justin Trudeau gets his way.
Since most infrastructure projects have a poor record of being completed on time and on budget, why would any ethical, responsible fund manager want to pour money into them?
Who will cover the inevitable cost overruns? We all know the answer.
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