U.S. could copy Canada's infrastructure model: Caisse

By Matt Scuffham

NEW YORK (Reuters) – Incoming U.S. President Donald Trump could set up an entity similar to Canada’s infrastructure bank to help fund his plans to spend $1 trillion on roads and bridges, one of the world’s biggest infrastructure investors said.

Michael Sabia, chief executive officer of the Caisse [CDPDA.UL], Canada’s second-biggest public pension fund, was on the advisory panel that recommended Canada set up an infrastructure bank with an aspiration to attract C$4 to C$5 for every C$1 of public funding for infrastructure projects.

He said a similar entity could be set up in the United …
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