A first for Canada and one of its most expensive infrastructure projects, a $15-billion high-speed-rail line in Ontario could get a boost from the government’s proposed public-works financing bank.
If approved by parliament before its summer recess, the $25-billion Canada Infrastructure Bank will decide how to help finance the project, says a spokeswoman for the infrastructure ministry.
The global construction market has shown significant regional and sector uncertainty on both the political and financial fronts, so global contractors are being more careful in weighing the risks
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