A tale of four cities: Exploring innovation in infrastructure financing

A tale of four cities: Exploring innovation in infrastructure financing

In a world where cities drive the global economy, it is more important than ever for Canadian cities to maintain their ability to compete as the driving force of our economy. To do so, cities need to focus on the core building blocks of a successful economy. According to the World Economic Forum’s Global Competitiveness Report, one of those building blocks is infrastructure, which they identified as the second most significant pillar of economic competitiveness.

Calgary needs to explore predictable and efficient alternative sources of revenue that may equip it to address critical needs and begin to invest in both critical and noncritical infrastructure. The Calgary Chamber has explored municipal funding structures from around the world, and has assessed the benefits, challenges, and frameworks for some of the best models globally as a way to begin exploring alternative funding mechanisms to address Calgary’s infrastructure deficit.

Gowling WLG

Gowling WLG

Chambers of Commerce Group Insurance

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