Industry weighs President-elect Donald Trump’s ambitious infrastructure plan and his promises to undo Obama Administration regulations.

The Liberal Trudeau government’s proposal to harness private investment dollars for public-works projects through a national infrastructure bank is being praised as a good first step, but the devil will be in the details, industry experts caution.

The ink barely had dried on this year’s batch of construction market forecasts when economists had to take a second look at their numbers to evaluate the impact of Donald Trump’s victory in the presidential election, which brought with it a Republican-controlled Senate and House.

New Trump transition statement cites $550-billion infrastructure plan, compared with then-candidate's $1-trillion, 10-year proposal.