Liberal privatization scheme will leave Canadians paying more
November 3rd, 2016 - 12:43pm
The NDP is condemning the Liberal government for its scheme to privatize public infrastructure that will mean new tolls and user fees where there are none, and the hiking of fees where they already exist.
"The Liberals are taking the money they promised to invest and putting it into the infrastructure bank - which means projects will focus on meeting private investors' interests rather than Canadians' needs," said NDP Leader Tom Mulcair. "We’re disappointed the Liberals plan to take credit for infrastructure money they will not spend, while leaving Canadians to pay the price through new user fees and tolls."
In spite of promises to Canadians, the Liberals are proposing to take $15 billion out of existing infrastructure promises to fund their privatization bank. Borrowing from the Conservative playbook, the update heavily backloads infrastructure investments with nearly two thirds of new funds delayed until after two elections. And in an about face on their promise for openness and transparency, the Liberals rely on an accounting trick to improve their numbers by eliminating the $6 billion contingency fund.
"This privatization scheme will delay new investments in much-needed infrastructure priorities across Canada, including in the Windsor-Essex region," said Tracey Ramsey, MP (Essex). "The Liberals never told Canadians about their privatization plans during the election. Meanwhile, they're showing a complete lack of initiative to get the new Windsor-Detroit bridge built. It's all very troubling."