At the Intersection
This report seeks to answer a basic question: how much does investment in public infrastructure contribute to long-term economic growth?
Their review of economic research on the subject shows that there is a strong connection between investing in public infrastructure and long-term gains in economic productivity.The research upon which this policy brief rests suggests that the missing link in why we are not seeing strong productivity gains in the economy is investment in public infrastructure.
However, if infrastructure is to contribute to productivity and generate long-term economic gains, the investments must be strategic. It’s not just a matter of more infrastructure. To get infrastructure right, Canada needs to be investing in the right infrastructure in the right places and this means focusing on infrastructure that serves economic ends such as transportation systems and core services such as water and sanitation.