Canada Infrastructure Bank Plan Faces Legislative Threat Next Week

The Globe and Mail reports that the Canadian government’s plan to create a national infrastructure bank is coming under daily, opposition party criticism, and “[t]he issue could come to a head next week in the Senate, where an independent senator is seeking support for a motion that would split the government’s omnibus budget bill . . . in a way that would remove the section that creates the infrastructure bank.” The article also notes that the US treasury secretary and his Canadian counterpart will meet in Ottawa today to discuss, among other topics, infrastructure spending.