Tradelines News

Get the latest news and updates on cross-border customs and international trade.

Spending From Trump, Trudeau on Infrastructure Could Drive Up Costs

Posted July 26, 2017

Under Economic Issues, Logistics & Supply Chain Issues

(Jordan Press – Canadian Press)

The Trump administration’s fledgling promise to spend $1 trillion on repairing American roads and bridges may have some unintended ripple effects in Canada.

Newly released documents show that top civil servants in Ottawa worried earlier this year that Donald Trump’s ambitious infrastructure program that he talked about on the campaign trail could end up driving up the construction costs in Canada.

Trump has long talked about a massive infrastructure spending program to prod his country’s economy, but the yet-to-be-released program has taken a back seat in a legislative agenda focused on an ongoing fight over health care, the country’s debt levels and tax reform. Click here to read more.

Related: Global Infrastructure Investment Need to Reach $97 Trillion by 2040 (GI Hub)