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Infrastructure financing

23 Nov 2004

They can construction.1 According to Mirza and Haider, in spread payment for a project over the life of the Canada “all of the governments, especially the infrastructure creating inter-generational equity; local ones, are facing an infrastructure crisis of projects can be funded when they are needed frightening proportions due to several years of instead of waiting for sufficient funding to accu- [...] In the case of these bonds attractive to the private sector; how- CAPs, both the borrower and the lender make a ever, the number of transactions involved with payment into a loss reserve fund, and the federal this type of bond create high management and government matches the payment. [...] This A bond is a form of loan where the borrower means that expenditures for a specific-type of promises to repay the capital value of the bond infrastructure can be tracked, as long as the along with interest at a specified date. [...] With these charges, new res- 1990s, the private sector became increasingly idents – the principal beneficiaries of the involved in the financing of infrastructure projects, infrastructure – incur the costs of constructing both in developed and in emerging new infrastructure. [...] For example, the City of Pittsburgh facility, and although the public sector regulates formed the Pittsburgh Regional Asset District to and controls the operation, the private sector construct infrastructure across the city-region.
government politics economy taxation finance bond public-private partnerships bonds business debt government policy interest investments loans money transport loan tax mortgage government budget taxes loan market canada mortgage and housing corporation infrastructure (economics) credit (finance) bond (finance) build–operate–transfer
Pages
21
Published in
Canada

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