P UBLICATIONS - CANADIAN COMPETITIVENESS FOR INFRASTRUCTURE INVESTMENT
17 August 2023
This lack of investment is, in turn, manifesting as an increase in Canada’s infrastructure deficit and an overall decline in the reputation of the quality of existing infrastructure. [...] To accomplish this, we undertake a survey of the large body of literature, reports and data on infrastructure investment along with comparisons between the Canadian situation and that in peer nations; that is, other G7 countries (France, Germany, Italy, Japan, the UK and the US) and Australia.1 Our analysis focuses primarily on transportation and trade infrastructure.2 In a small open economy3 suc. [...] 3.1.1 Quality of Canadian Infrastructure Inadequate investment has led to a deterioration in the quality of Canadian infrastructure and to an overall ‘infrastructure deficit.’ Canada’s infrastructure quality in 2017 ranked fourteenth in the world, and 10 to 20 per cent of it was rated as being in poor or very poor condition (BCG 2017). [...] This closely correlates to the increases in infrastructure deficit estimates and a contemporaneous deterioration in Canada’s overall infrastructure quality ranking and its Trade and Transportation infrastructure ranking (Figures 7 and 8). [...] The investment shortfalls contributing to this deficit are particularly apparent in transportation and trade infrastructure, with Canada falling sharply to last place relative to the G7 and Australia in terms of infrastructure and logistics quality.