Stay Close To CG/LA

Facebook Twitter LinkedIn youtube-out picasa RSS Feed

forumsadvisoryintelligence 

Menu

Press At the 10th Global Infrastructure Leadership Forum

 CGLA 10GLIF Press Collage

 

 News Articles 

Gordie Howe International Bridge Wins Engineering Award


March 3rd, 2017

It hasn't been built yet, but the Gordie Howe International Bridge project has received an award.
The Windsor-Detroit Bridge Authority says the project is the recipient of the 2017 Engineering Project of the Year Award. It was presented as part of the CG/LA's Project of Year Awards at the 10th Global Infrastructure Leadership Forum in Montreal.


"The importance of this project has been recognized by Prime Minister Justin Trudeau and President Donald Trump and now, the engineering aspects of the project are recognized by industry peers," says Infrastructure Minister Amarjeet Sohi. Chair of the WDBA Board of Directors Dwight Duncan says the Gordie Howe International Bridge project has had an exceptional start to Canadian National Engineering Month."We appreciate this honor so early in our project delivery timeline," says Duncan.

 

Solving America's Infrastructure Deficit

March 1st, 2017

The director of infrastructure for U.S. President Donald Trump's transition team is hopeful that his recommendations can kickstart development in the country.
Speaking to the 10th Global Infrastructure Leadership Forum in Montréal, Dan Slane suggested that infrastructure crisis now facing the U.S. is a problem that has been 30 years in the making. Depending on the source, the country's infrastructure deficit has been pegged at anywhere from $2.5 to $8 trillion dollars, and President Trump has suggested that he plans to infuse an additional $1 trillion to help close that gap. Currently, the U.S. government spends approximately $700 billion per year on infrastructure.

Read More at ReNew Canada, The Infrastructure Magazine:http://renewcanada.net/2017/solving-americas-infrastructure-deficit/

 

Canadian Pension Funds Can Help Rebuild U.S. Infrastructure: Former Trump Official

March 6, 2017


Ross Marowits

Canadian pension funds are well-placed to help rebuild America's aging infrastructure, a former director of U.S. President Donald Trump's transition team said Wednesday. "The Canadian funds have a huge advantage," Dan Slane told reporters after speaking to a global infrastructure conference in Montreal. He said funds such as Quebec's Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit.

Slane, who is not involved in the U.S. administration but delivered a report identifying about 50 initial projects that should be funded, said he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers. He believes the new administration is too overloaded dealing with promises to overhaul health care and taxes to deal with infrastructure. However, he said early spending on projects should be among the top priorities.

Read More At The Globe and Mail: http://www.theglobeandmail.com/report-on-business/canadian-pension-funds-can-help-rebuild-us-infrastructure-former-trump-official/article34175041/

 

 

 

newswires.gif

Le fil radio
MONTRÉAL - Jeudi 2 mars

Le fil radio is the French broadcast wire provided from La Presse Canadienne, Canada's trusted news leader. Le fil radio is not simply a translation of the English wire – La Presse Canadienne uses their own editorial and reporting staff to provide breaking news to French-Canadian broadcasters from a unique Quebec perspective. Approximately 100 stories cross the wire per day.

Général
OTTAWA - La ministre du Développement international, Marie-Claude Bibeau, tient un appel conférence au sujet de sa participation à la conférence She Decides, à Bruxelles. (8h30, 613-960-7527 ou 1-8888-265-0903, code d'accès 4522945)


OTTAWA - Les fonctionnaires d'Immigration, Réfugiés et Citoyenneté Canada (IRCC), de la Gendarmerie royale du Canada (GRC) et de l'Agence des services frontaliers du Canada (ASFC) répondent aux questions des journalistes à propos de l'approche adoptée par le gouvernement du Canada à l'égard des demandeurs d'asile entrant entre les points d'entrée officiels. (9h00, Amphithéâtre national de la presse, 150, rue Wellington)
OTTAWA - Audience de détermination de la peine pour un agent suspendu de la GRC reconnu coupable de maltraitance envers son fils de 11 ans. (9h30, palais de justice)
OTTAWA - Une pétition signée par plus de 140 000 personnes est déposée au siège social de Shopify afin de demander à l'entreprise de rompre ses liens avec le site Breitbart. (12h00, Shopify, 150, rue Elgin)
OTTAWA - David Johnston, gouverneur général du Canada, reçoit les lettres de créance de trois nouveaux chefs de mission lors d'une cérémonie. (13h30, Rideau Hall)
OTTAWA - Visionnement public des cinq concepts finalistes du concours de design pour le Monument aux victimes du communisme, organisé par Patrimoine canadien. (17h00, Hôtel Alt, 2e étage, 185, rue Slater)
OTTAWA - Catherine McKenna, ministre de l'Environnement et du Changement climatique, et le Commissaire européen chargé de l'Action pour le climat et l'énergie, Miguel Arias Canete, tiennent un point de presse conjoint pour discuter des derniers développements sur les questions climatiques et énergétiques et pour souligner les possibilités de coopération. (17h30, Délégation de l'Union européenne au Canada, 150, rue Metcalfe, suite 1900)
QUÉBEC - Possibilités de prise d'images de l'entrée de l'Hôpital du Saint-Sacrement. Aucune entrevue ne sera accordée à ce moment. (Entre 7h00 et 8h00)
QUÉBEC - La Société de l'assurance automobile du Québec, en collaboration avec le ministère des Transports, de la Mobilité durable et de l'Électrification des transports, invite les représentants des médias à couvrir la consultation publique sur la sécurité routière. (8h15, Siège social de la SAAQ, 333, boulevard Jean-Lesage)
QUÉBEC - Le Syndicat des employés du transport public du Québec métropolitain (SETPQM) fait le point à la suite du dépôt d'un avis de grève expédié mercredi au Tribunal administratif du travail (TAT) ainsi qu'à l'employeur. (10h30, 155, boulevard Charest Est, salle 1 (sous-sol))
-MONTRÉAL - La députée de Québec solidaire Manon Massé, tient un point de presse concernant la nouvelle carte électorale. (10h00, 1710 Rue Beaudry)
MONTRÉAL - Le ministre de l'Innovation, des Sciences et du Développement économique, Navdeep Bains, se rend à l'Université McGill pour annoncer l'octroi de fonds destinés à soutenir l'infrastructure de l'établissement d'enseignement postsecondaire. (10h00, Université McGill, Hall du Complexe des sciences de la vie, 3649, promenade Sir-William-Osler)
MONTRÉAL - Le Regroupement des comités logement et associations de locataires du Québec organise une action surprise pour dénoncer ce qu'il qualifie de "deux poids deux mesures qui sévit à la Régie du logement". (11h30, Centre de commerce mondial)
MONTRÉAL - Le premier ministre Justin Trudeau fait une présentation par vidéo dans le cadre du 10e Global Infrastructure Leadership Forum de CG/LA Infrastructure. (13h00, Hôtel Bonaventure, 900, rue de la Gauchetière Ouest)

 

newswires.gif

Voici la liste des événements prévus le mercredi 1er mars 2017; Voici la liste des événements prévus le 1er mars

Tue Feb 28 2017
Section: Avis

MONTRÉAL - Mercredi 1er mars 

Général
x-OTTAWA - Jane Philpott, ministre fédérale de la Santé, prononce un discours-programme lors du Forum national sur l'avenir de la lutte contre le tabagisme au Canada. (9h10, Centre Shaw, 55, promenade Colonel By. Le discours sera suivi d'une mêlée de presse à 9 h 40)
OTTAWA - Le comité sénatorial sur les peuples autochtones publie un rapport sur le logement dans le Nord. (10h00, Amphithéâtre national de la presse, 150, rue Wellington)
x-OTTAWA - Le ministre de l'Immigration Ahmed Hussen comparaît devant le comité sénatorial au sujet du projet de loi C-6, Loi modifiant la Loi sur la citoyenneté et une autre loi en conséquence. (17h15, Pièce 2, Édifice Victoria, 140, rue Wellington)
QUÉBEC - La Fondation Coule pas chez nous annonce le lancement d'une nouvelle campagne de sensibilisation nationale sur les enjeux du pétrole extrême au Québec. (11h00, Microbrasserie La Barberie, 310, rue Saint-Roch)
MONTRÉAL - La ministre déléguée à la Réadaptation, à la Protection de la jeunesse, à la Santé publique et aux Saines habitudes de vie, Lucie Charlebois, tient une conférence de presse concernant le Centre d'expertise Marie-Vincent et le Y des femmes de Montréal. (9h30, Fondation Marie-Vincent, 4689, avenue Papineau, 3e étage)
x-MONTRÉAL - Marc Garneau, ministre des Transports, prend la parole au 10e Global Infrastructure Leadership Forum de CG/LA Infrastructure. Il tient un point de presse après son allocution. (9h45, Hôtel Bonaventure, 900, rue de la Gauchetière Ouest)

 

cnw_group.gif

Media Advisory - Minister Garneau to participate at CG/LA Infrastructure's 10th Global Infrastructure Leadership Forum

Canada Newswire 
Tue Feb 28 2017 
Source: Transport Canada 

Canada NewsWire

MONTREAL, Feb. 28, 2017 /CNW/ - The Honourable Marc Garneau, Minister of Transport, will deliver remarks at CG/LA Infrastructure's 10th Global Infrastructure Leadership Forum.  Minister Garneau will hold a media availability following his remarks.

 

 

 

the_record.gif

 

Pension funds could help rebuild U.S. infrastructure

Waterloo Region Record 
Thu Mar 2 2017 
Page: A5 
Section: NEWS 

Byline: The Canadian Press A former director of U.S. President Donald Trump's transition team says Canadian pension funds are well-placed to help rebuild America's aging infrastructure.
Dan Slane says funds such as Quebec's Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit.
Slane, who is not involved in the U.S. administration, told an infrastructure conference in Montreal on Wednesday that he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers.


However, he later told reporters that locking down global funding isn't a problem, noting that sovereign wealth funds from Saudi Arabia, Japan and China are all looking to invest in projects.
Slane says he met with the Caisse de depot Tuesday to discuss its interest in expanding its global infrastructure investments.


He says infrastructure is the best way for Trump to achieve his goal of creating millions of well-paid jobs for Americans, especially those lacking the skills required in modern manufacturing.
© 2017 Torstar Corporation
 

 

 

the_record.gif

 

Canadian pension funds can help rebuild U.S., says Trump transition official

The Record (Sherbrooke) 
Thu Mar 2 2017 
Page: A4 
Section: News 
Byline: Ross Marowits 
Source: The Canadian Press 


Canadian pension funds are wellplaced to help rebuild America's aging infrastructure, a former diector of U.S. President Donald Trump's ransition team said Wednesday. "The Canadian funds have a huge adantage," Dan Slane told reporters after peaking to a global infrastructure conerence in Montreal. He said funds such as Quebec's aisse de depot have the expertise and eep pockets to partner with local U.S.funds to invest in projects such as airports, hospitals and transit. Slane, who is not involved in the U.S. administration but delivered a report identifying about 50 initial projects that should be funded, said he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers. He believes the new administration is too overloaded dealing with promises to overhaul health care and taxes to deal with infrastructure. However, he said early spending on projects should be among the top priorities. Infrastructure is the best way for Trump to achieve his goal of growing the economy and creating millions of wellpaid jobs for Americans, especially those lacking the skills required in modern manufacturing, Slane noted.

Although there are more than US$2.5 trillion worth of projects available in the U.S., Slane said locking down global funding isn't a problem. He noted that sovereign wealth funds from Saudi Arabia, Japan, Norway and China are all looking to invest in projects. So too is the Caisse de depot, whose CEO Michael Sabia met with Slane on Tuesday to discuss its interest in expanding its global infrastructure investments. Canada's second-largest pension fund manager has created a subsidiary to invest in infrastructure projects around the world, including a $5.9-billion light rail project in Montreal that it will fund, own and operate. Involvement of pension funds could help offset public resistance in the U.S. to having facilities like airports owned by for-profit private companies, Slane suggested.

"Pension funds, as I see it, are kind of quasi-government," he said. "They have more of a duty to the public good." Meanwhile, the conference was told that Canadian investors, including those with not-as-deep pockets as pension funds, are eagerly looking for investment opportunities in the U.S., including through the use of public-private partnerships. The P3 funding model is rarely used in the United States but has grown in popularity over the last decade in Canada.

"Ten years ago the Canadian market was nothing, it was much like the American market is today," said Plenary Group CEO Brian Budden.

Transport Minister Marc Garneau, who addressed the conference, said he expects Canadian investment funds will be attracted to infrastructure projects on both sides of the border and will take advantage of the federal government's proposed infrastructure bank and planned $180-billion of spending over 12 years.

Ottawa is contributing $35 billion to the bank and Garneau said he expects details will soon be released.



 

 national_post.gif 

Canadian Pension Funds Seen Helping Rebuild U.S

National Post 
Thu Mar 2 2017 
Page: FP2 
Section: Financial Post 
Source: The Canadian Press 

A former director of U.S. President Donald Trump's transition team says Canadian pension funds are well-placed to help rebuild America's infrastructure. Dan Slane says funds such as Quebec's Caisse de dépôt have the expertise and deep pockets to partner with local U.S. funds. Slane, who is not involved in the U.S. administration, told a conference in Montreal on Wednesday that he was disappointed Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project. However, he later told reporters that locking down global funding isn't a problem, noting that sovereign wealth funds from Saudi Arabia, Japan and China are all looking to invest in projects. Slane says he met with the Caisse Tuesday to discuss its interest in expanding its global infrastructure investments. He says infrastructure is the best way for Trump to achieve his goal of creating millions of well-paid jobs for Americans, especially those lacking the skills required in modern manufacturing.

© 2017 Postmedia Network Inc. All rights reserved.

 

 

 journall.gif

Infrastructure-Canada-US, 1st Writethru code:2 Update:ADDS quotes, details, byline Eds:Moves Busi

The Chronicle Journal 
Thu Mar 2 2017 
Section: Business 
Infrastructure-Canada-US

By Ross Marowits

THE CANADIAN PRESS

 MONTREAL - Canadian pension funds are well-placed to help rebuild America's aging infrastructure, a former director of U.S. President Donald Trump's transition team said Wednesday.


"The Canadian funds have a huge advantage," Dan Slane told reporters after speaking to a global infrastructure conference in Montreal.
He said funds such as Quebec's Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit.
Slane, who is not involved in the U.S. administration but delivered a report identifying about 50 initial projects that should be funded, said he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers.
He believes the new administration is too overloaded dealing with promises to overhaul health care and taxes to deal with infrastructure. However, he said early spending on projects should be among the top priorities.


Infrastructure is the best way for Trump to achieve his goal of growing the economy and creating millions of well-paid jobs for Americans, especially those lacking the skills required in modern manufacturing, Slane noted.Although there are more than US$2.5 trillion worth of projects available in the U.S., Slane said locking down global funding isn't a problem. He noted that sovereign wealth funds from Saudi Arabia, Japan, Norway and China are all looking to invest in projects.So too is the Caisse de depot, whose CEO Michael Sabia met with Slane on Tuesday to discuss its interest in expanding its global infrastructure investments.Canada's second-largest pension fund manager has created a subsidiary to invest in infrastructure projects around the world, including a $5.9-billion light rail project in Montreal that it will fund, own and operate.


Involvement of pension funds could help offset public resistance in the U.S. to having facilities like airports owned by for-profit private companies, Slane suggested.
"Pension funds, as I see it, are kind of quasi-government," he said. "They have more of a duty to the public good."
Meanwhile, the conference was told that Canadian investors, including those with not-as-deep pockets as pension funds, are eagerly looking for investment opportunities in the U.S., including through the use of public-private partnerships.


The P3 funding model is rarely used in the United States but has grown in popularity over the last decade in Canada.
"Ten years ago the Canadian market was nothing, it was much like the American market is today," said Plenary Group CEO Brian Budden.
Transport Minister Marc Garneau, who addressed the conference, said he expects Canadian investment funds will be attracted to infrastructure projects on both sides of the border and will take advantage of the federal government's proposed infrastructure bank and planned $180-billion of spending over 12 years.
Ottawa is contributing $35 billion to the bank and Garneau said he expects details will soon be released.

 

journal_de_quebec.gif

L'équipe de Trump lorgne le bas de laine des Québécois

Le Journal de Québec 
Thu Mar 2 2017 
Page: 29 
Section: Argent 
Byline: HUGO DUCHAINE 
Source: Le Journal de Québec 

"Je me fous d'où vient l'argent, car plus il y en a, plus qu'on pourra réaliser [de projets]", lance Dan Slane, un membre de l'équipe de transition de l'administration Trump, chargé de conseiller le nouveau président sur l'infrastructure.L'homme d'affaires américain était à Montréal, hier, pour participer au Forum mondial sur le leadership en infrastructure, qui se déroule actuellement dans la métropole. Il en a profité pour avoir un tête-à-tête avec le président de la Caisse, Michael Sabia. Selon lui, le bas de laine des Québécois est le partenaire idéal pour aider son pays à rajeunir ses infrastructures, alors que le président a annoncé un plan de 1000 milliards $ pour rebâtir les États-Unis. Puis, il assure que les partenaires étrangers, comme la Caisse, n'ont pas à craindre le protectionnisme de Donald Trump, qui a promis d'acheter, et d'embaucher des Américains. "Tant que le travail est fait par des Américains, on se fout de qui est le propriétaire ", assure M. Slane, qui cumule 40 ans d'expérience dans l'immobilier et au sein de nombreux conseils d'administration. La Caisse pourrait aussi s'allier à des fonds de pension américains, justement pour contrer le sentiment protectionniste, dit-il.

HÔPITAUX ET AÉROPORTS

M. Slane ne manque pas d'idées pour la Caisse. Par exemple, il cite l'agence chargée des soins des vétérans aux États- Unis qui voudrait 20 nouveaux hôpitaux pour desservir sa clientèle. "[L'agence] n'a pas besoin d'être propriétaire des hôpitaux, seulement d'en assurer la gestion ", ajoutant que la Caisse pourrait ainsi les construire et les louer. Même chose dans les aéroports, où Dan Slane verrait bien des participations de 30 à 40 % de la part de régimes de retraite comme la Caisse, pour de nouvelles constructions. Il prône la création d'aéroports privés, comme celui d'Heathrow à Londres, où la Caisse détient justement une participation de 13 %.

"TOUJOURS À L'AFFÛT"

Selon lui, le président de la Caisse de dépôt, Michael Sabia, s'est montré très ouvert à ce type de collaboration pendant leur rencontre. De son côté, la Caisse a refusé de commenter l'échange et se contente de dire par courriel qu'elle est toujours à l'affût d'occasions d'investissement aux États-Unis, puisqu'il s'agit d'un marché prioritaire.



 

 

 journal_de_montreal.gif

 

L'équipe de Trump lorgne le bas de laine des Québécois

 

Le Journal de Montréal
Thu Mar 2 2017
Page: 31
Section: Argent
Byline: HUGO DUCHAINE
Source: Le Journal de Montréal

"Je me fous d'où vient l'argent, car plus il y en a, plus qu'on pourra réaliser [de projets]", lance Dan Slane, un membre de l'équipe de transition de l'administration Trump, chargé de conseiller le nouveau président sur l'infrastructure.L'homme d'affaires américain était à Montréal, hier, pour participer au Forum mondial sur le leadership en infrastructure, qui se déroule actuellement dans la métropole. Il en a profité pour avoir un tête-à-tête avec le président de la Caisse, Michael Sabia.
Selon lui, le bas de laine des Québécois est le partenaire idéal pour aider son pays à rajeunir ses infrastructures, alors que le président a annoncé un plan de 1000 milliards $ pour rebâtir les États-Unis. Puis, il assure que les partenaires étrangers, comme la Caisse, n'ont pas à craindre le protectionnisme de Donald Trump, qui a promis d'acheter, et d'embaucher des Américains. "Tant que le travail est fait par des Américains, on se fout de qui est le propriétaire ", assure M. Slane, qui cumule 40 ans d'expérience dans l'immobilier et au sein de nombreux conseils d'administration. La Caisse pourrait aussi s'allier à des fonds de pension américains, justement pour contrer le sentiment protectionniste, dit-il.


HÔPITAUX ET AÉROPORTS


M. Slane ne manque pas d'idées pour la Caisse. Par exemple, il cite l'agence chargée des soins des vétérans aux États- Unis qui voudrait 20 nouveaux hôpitaux pour desservir sa clientèle. "[L'agence] n'a pas besoin d'être propriétaire des hôpitaux, seulement d'en assurer la gestion ", ajoutant que la Caisse pourrait ainsi les construire et les louer. Même chose dans les aéroports, où Dan Slane verrait bien des participations de 30 à 40 % de la part de régimes de retraite comme la Caisse, pour de nouvelles constructions. Il prône la création d'aéroports privés, comme celui d'Heathrow à Londres, où la Caisse détient justement une participation de 13 %.
"TOUJOURS À L'AFFÛT"


Selon lui, le président de la Caisse de dépôt, Michael Sabia, s'est montré très ouvert à ce type de collaboration pendant leur rencontre. De son côté, la Caisse a refusé de commenter l'échange et se contente de dire par courriel qu'elle est toujours à l'affût d'occasions d'investissement aux États-Unis, puisqu'il s'agit d'un marché prioritaire.

 

 

 spec.gif

Canadian pension funds can help rebuild U.S., says Trump transition official

Section: News

MONTREAL - A former director of U.S. President Donald Trump's transition team says Canadian pension funds are well-placed to help rebuild America's aging infrastructure.Dan Slane says funds such as Quebec's Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit. Slane, who is not involved in the U.S. administration, told an infrastructure conference in Montreal on Wednesday that he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers. However, he later told reporters that locking down global funding isn't a problem, noting that sovereign wealth funds from Saudi Arabia, Japan and China are all looking to invest in projects.


Slane says he met with the Caisse de depot Tuesday to discuss its interest in expanding its global infrastructure investments. He says infrastructure is the best way for Trump to achieve his goal of creating millions of well-paid jobs for Americans, especially those lacking the skills required in modern manufacturing. Transport Minister Marc Garneau says he expects Canadian investment funds will be attracted to infrastructure projects on both sides of the border and will take advantage of the federal government's proposed infrastructure bank.

Ottawa is contributing $35 billion to the bank and expects to release details soon.

Illustration:

Dan Slane, a former director of U.S. President Donald Trump's transition team, participates at the 10th Global Infrastructure Leadership Forum in Montreal. Canadian pension funds are well-placed to help rebuild America's aging infrastructure, a former director of U.S. President Donald Trump's transition team said Wednesday. "The Canadian funds have a huge advantage," Dan Slane told reporters after speaking to a global infrastructure conference in Montreal. He said funds such as Quebec's Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit. Slane, who is not involved in the U.S. administration but delivered a report identifying about 50 initial projects that should be funded, said he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers. He believes the new administration is too overloaded dealing with promises to overhaul health care and taxes to deal with infrastructure. However, he said early spending on projects should be among the top priorities. Infrastructure is the best way for Trump to achieve his goal of growing the economy and creating millions of well-paid jobs for Americans, especially those lacking the skills required in modern manufacturing, Slane noted.


Although there are more than US$2.5 trillion worth of projects available in the U.S., Slane said locking down global funding isn't a problem. He noted that sovereign wealth funds from Saudi Arabia, Japan, Norway and China are all looking to invest in projects. So too is the Caisse de depot, whose CEO Michael Sabia met with Slane on Tuesday to discuss its interest in expanding its global infrastructure investments. Canada's second-largest pension fund manager has created a subsidiary to invest in infrastructure projects around the world, including a $5.9-billion light rail project in Montreal that it will fund, own and operate.

Involvement of pension funds could help offset public resistance in the U.S. to having facilities like airports owned by for-profit private companies, Slane suggested. "Pension funds, as I see it, are kind of quasi-government," he said. "They have more of a duty to the public good." Meanwhile, the conference was told that Canadian investors, including those with not-as-deep pockets as pension funds, are eagerly looking for investment opportunities in the U.S., including through the use of public-private partnerships. The P3 funding model is rarely used in the United States but has grown in popularity over the last decade in Canada. "Ten years ago the Canadian market was nothing, it was much like the American market is today," said Plenary Group CEO Brian Budden. Transport Minister Marc Garneau, who addressed the conference, said he expects Canadian investment funds will be attracted to infrastructure projects on both sides of the border and will take advantage of the federal government's proposed infrastructure bank and planned $180-billion of spending over 12 years. Ottawa is contributing $35 billion to the bank and Garneau said he expects details will soon be released.

 

 

 

 

Montreal's Ecosystem Cited As An Example

 norm.png

 

 

André Dubuc, La Presse


Potholes keep multiplying, schools close because of mould and engineering firms' corruption have been exposed by the Charbonneau Commission – nevertheless, Montreal's infrastructure ecosystem is cited as an example to follow by the organizer of an international forum that's taking place this week in a downtown hotel.


"The infrastructure ecosystem is rather unique here with its pension funds, world-class engineering firms and projects such as the new bridge and the Réseau Electrique métropolitain (REM). It's an example to follow for other regions," said Norman Anderson, President and CEO of CG/LA Infrastructure and organizer of the 10th Global Infrastructure Leadership Forum, which begins tomorrow at the Bonaventure Hotel.
A visit of the new Champlain Bridge's construction site is part of the program. "The speed at which the request for proposals came out, its funding and the short amount of time allocated for its construction, all the while also being run by an international consortium, make this an innovative project", he said.


In his opinion Canada does a better job, generally speaking, of attracting private capital to its infrastructure projects.

"Your pension funds are much more sophisticated when it comes to infrastructure investments than American ones, which are content to have external managers purchase publicly traded stock."  — Norman Anderson
The Caisse de dépôt invested in Highway 407 in Toronto as early as 1999. It is currently leading the REM project. Teachers are also very active in this market.


A member of Trump's team at the Forum


According to Mr. Anderson, the global infrastructure deficit reaches 1,000 billion USD every year. Given governments' limited financial resources, the emergence of financing models that rely on private capital is more important than ever. In the United States alone the infrastructure deficit is estimated at 150 billion USD. A study conducted by the Boston Consulting Group targets electric powerlines, ports and airports as being the three subcategories of infrastructure projects likely to be quickly financed by private capitals.


CG/LA has identified 50 projects at a sufficiently advanced stage to go forward in the next 12 months, representing investments totalling 240 billion dollars. Mr. Anderson hopes that the completion of those 50 projects will be accelerated with the help of a Presidential decree. "Otherwise, it takes on average 9 and a half years to obtain permits to build a new highway in the United States", he offered as an example.
Dan Slane, Director for Infrastructure in President Donald Trump's transition team, will be interviewed by Ipsos' President, North America, when the forum begins tomorrow morning.
The Forum will also welcome Mayor Denis Coderre and federal minister Marc Garneau, who will discuss the Canada Infrastructure Bank. VIA Rail will outline its high-frequency rail project. Representatives from the Caisse de dépôt, Hatch and Pomerleau will also be speaking over the course of the 3-day event which will bring together 500 leaders from 40 different countries. 

 

Que le général Trudeau se lève

Le Québec a-t-il l'attention de Justin Trudeau?

La question circule de plus en plus au sein du Montréal inc., qui n'hésite plus à exprimer sa frustration face à un gouvernement directement branché sur Toronto. Passant d'espoir déçu en espoir déçu depuis 16 mois, on se demande en effet quand, au juste, le premier ministre va trancher en faveur des demandes et projets structurants du Québec.

Encore cette semaine, lors du Forum mondial sur le leadership en infrastructures qui s'est tenu à Montréal, les gens d'affaires sont sortis le caquet bas d'une conférence donnée par le ministre Marc Garneau.  Après avoir entendu l'un des plus grands experts mondiaux (Norman Anderson, patron de la firme CG/LA Infrastructure basée à Washington) chanter les louanges de la métropole et de son «écosystème en infrastructures unique» sur la planète, ils espéraient des paroles tout aussi encourageantes de leur ministre des Transports.

Mais non, pas un mot sur Montréal, sur son leadership ou sur ses chances d'accueillir le siège social de la future Banque de l'infrastructure du Canada. Façon, à leurs yeux, d'accréditer la thèse qui circule à Bay Street ces jours-ci: Toronto a déjà été choisie pour accueillir la banque... malgré le caractère «unique» de Montréal. Malgré l'expertise de la Caisse de dépôt et d'Investissements PSP. Malgré le savoir-faire des firmes d'ingénieurs et leurs compétences en analyse de risque. Malgré les projets d'envergure comme le pont Champlain et le Réseau électrique métropolitain.

C'est une déception. Une de plus. Après le bide de Bombardier, l'obstination en faveur d'une commission nationale des valeurs mobilières, la protection des consommateurs qui empiétait sur les compétences québécoises et la garantie des prêts de Muskrat Falls dont ne profite pas Hydro-Québec. Justin Trudeau s'était pourtant autoproclamé représentant en chef du Québec, l'an dernier: «À quoi ça sert d'avoir un lieutenant du Québec quand t'as un général du Québec?», avait-il lancé. Mais un an plus tard, la question se pose: où est ce général?

Où est le défenseur du train de la Caisse de dépôt, de la ligne bleue, du SRB de Québec? Où est le partisan d'une voie de contournement à Mégantic? Où est le champion de l'innovation qui saura faire contrepoids à l'intense lobbying de Toronto en intelligence artificielle?

Les libéraux rétorquent que des annonces s'en viennent, qu'il faut être patient, qu'ils sont au pouvoir depuis moins de deux ans. Mais l'impression continue néanmoins de s'incruster, surtout quand on voit d'autres dossiers se régler à vitesse grand V, comme les pipelines de l'Ouest et les régimes publics de retraite. Si le premier ministre veut apaiser la grogne croissante au Québec, s'il souhaite prouver qu'au-delà des belles promesses, il est capable de jouer son rôle de général, il lui reste une occasion en or avant la mi-mandat: le prochain budget. Il doit en profiter pour poser des gestes clairs et financiers en faveur du Réseau électrique métropolitain, du prolongement de la ligne bleue et de l'intelligence artificielle. Trois priorités québécoises qui mériteraient d'être élevées au rang de priorités nationales. Au moins autant que les priorités de Toronto.

 

 

 

Le plan de Trump pourrait sourire à la Caisse

La Presse Canadienne

Page 13

Un proche de l'administration Trump estime que les investissements massifs à venir dans les infrastructures aux États-Unis sont une occasion en or pour les fonds de pension comme la Caisse de dépôt et placement du Québec. De passage à Montréal, hier, dans le cadre d'un forum international sur l'infrastructure, l'ex-directeur de l'équipe de transition de Donald Trump en matière d'infrastructure, Dan Slane, a dit croire que la Caisse se trouvait dans une position privilégiée pour aller chercher une part du gâteau de 1000 milliards US annoncé par le président américain la veille, dans son discours au Congrès. M. Slane, qui n'est plus rattaché à l'administration Trump, a rencontré mardi le président de la Caisse, Michael Sabia, pour discuter de ces questions.

 

 

 

 

Gordie Howe International Bridge wins prestigious award

Michigan Chronicles| March 3, 2017

Roz Edward, Michigan Chronicle Managing Editor 

Windsor-Detroit Bridge Authority is pleased that the Gordie Howe International Bridge project is the recipient of the 2017 Engineering Project of the Year Award presented as part of the CG/LA’s Project of the Year Awards at the 10th Global Infrastructure Leadership Forum in Montreal.

The Gordie Howe International Bridge project is a once-in-a-generation undertaking. Not only will the project deliver much-needed transportation improvements for international travellers, it will also provide jobs and opportunities for growth to the Windsor-Detroit region and includes features that make this project truly distinctive.

“The importance of this project has been recognized by Prime Minister Justin Trudeau and President Donald Trump and now, the engineering aspects of the project are recognized by industry peers. The Gordie Howe International Bridge will take its place among the engineering landmarks celebrated around the world and we appreciate the international recognition it received today.” Hon. Amarjeet Sohi Minister of Infrastructure and Communities.

“I am thrilled with the award bestowed on the Gordie Howe International Bridge project. I would like to thank the WDBA staff, its Board of Directors, the International Authority and our Michigan team for all their contributions to this once-in-alifetime infrastructure project. These individuals have worked hard and as a result have accomplished so much in a short amount of time. It’s amazing what we can achieve when we work together and are inspired by a shared commitment to something great. I look forward to seeing all the wonderful things that will become possible because of this project.” Governor Rick Snyder Governor of Michigan.

“The Gordie Howe International Bridge project has had an exceptional start to Canadian National Engineering Month. It was with great pleasure that we announced yesterday that cyclists and pedestrians will be accommodated on the bridge through a dedicated multi-use path and now we are being recognized as the 2017 Engineering Project of the Year. We appreciate this honour so early in our project delivery timeline.” Dwight Duncan Chair WDBA Board of Directors

“WDBA recognizes the permanent influence the Gordie Howe International Bridge will have on Windsor’s and Detroit’s skyline and its role as a new gateway symbol for Canada and the United States. Through refined engineering principles, WDBA’s goal is to deliver a unique, impressive, inspiring and iconic bridge that demonstrates an ease of use and balances functionality with aesthetic principles.” Michael Cautillo President and CEO, WDBA .

Windsor-Detroit Bridge Authority  is a not-for-profit Canadian Crown corporation created to manage the procurement process for the design, construction, financing, operation and maintenance of the Gordie Howe International Bridge between Windsor, Ontario and Detroit, Michigan through a public-private partnership (P3). WDBA is also responsible for project oversight. For more information on WDBA visit http://www.wdbridge.com and follow WDBA on Twitter at http://www.twitter.com/WDBAbridge.

 

 

 

Canadian Pension Funds can Help Rebuild U.S., says Trump transition Official

 U.S. President Donald Trump’s transition team says Canadian pension funds are well-placed to help rebuild America’s aging infrastructure.

Dan Slane says funds such as Quebec’s Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit.

Slane, who is not involved in the U.S. administration, told an infrastructure conference in Montreal on Wednesday that he was disappointed that Trump didn’t provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers…..

http://www.canadianbusiness.com/business-news/canadian-pension-funds-can-help-rebuild-u-s-says-trump-transition-official/

  

Canadian pension funds can help rebuild U.S., says Trump transition official

MONTREAL — A former director of U.S. President Donald Trump's transition team says Canadian pension funds are well-placed to help rebuild America's aging infrastructure.  Dan Slane says funds such as Quebec's Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit.  Slane, who is not involved in the U.S. administration, told an infrastructure conference in Montreal on Wednesday that he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers.

 

Gordie Howe Bridge Wins Engineering Award

 

Even though it is still in the final bidding stage to find contractor, the Gordie Howe International Bridge project has been named the winner of a 2017 Engineering Project of the Year award.  The award was presented Thursday as part of the CG/LA's Project of the Year Awards at the 10th Global Infrastructure Leadership Forum in Montreal.  The Howe bridge project will include a six-lane bridge, customs plazas and two-kilometre feeder road in Detroit to link with I-75 freeway. It was announced Wednesday the planned Windsor-Detroit border crossing will also include a 3.6-metre bike and pedestrian path.  A contractor is expected to be selected for the Howe bridge project by the end of this year with construction to begin in mid-2018. It is hoped the bridge will open sometime in 2022. 

 Canadian pension funds can help rebuild U.S., says Trump transition official

MONTREAL — Canadian pension funds are well-placed to help rebuild America's aging infrastructure, a former director of U.S. President Donald Trump's transition team said Wednesday.


"The Canadian funds have a huge advantage," Dan Slane told reporters after speaking to a global infrastructure conference in Montreal. He said funds such as Quebec's Caisse de depot have the expertise and deep pockets to partner with local U.S. funds to invest in projects such as airports, hospitals and transit. Slane, who is not involved in the U.S. administration but delivered a report identifying about 50 initial projects that should be funded, said he was disappointed that Trump didn't provide more details in his speech to Congress on Tuesday evening about his US$1-trillion infrastructure project, including how much would be funded by taxpayers.

He believes the new administration is too overloaded dealing with promises to overhaul health care and taxes to deal with infrastructure. However, he said early spending on projects should be among the top priorities. 

Le plan d'investissement de Trump pourrait sourire à la Caisse de dépôt
Lapresse.ca

dan1.jpg

 

De passage à Montréal, l'ex-directeur de l'équipe de transition de Donald Trump, Dan Slane, a dit croire que la Caisse de dépôt se trouvait dans une position privilégiée.

 

 

Un proche de l'administration Trump estime que les investissements massifs à venir en infrastructures aux États-Unis sont une occasion en or pour les fonds de pension comme la Caisse de dépôt et placement du Québec.

De passage à Montréal, mercredi, dans le cadre d'un forum international sur l'infrastructure, l'ex-directeur de l'équipe de transition de Donald Trump en matière d'infrastructure, Dan Slane, a dit croire que la Caisse de dépôt se trouvait dans une position privilégiée pour aller chercher une part du gâteau de 1000 milliards annoncé par le président américain la veille, dans son discours au Congrès.

La Caisse de dépôt est un fonds (avec un actif) de 275 milliards $ qui est extrêmement sophistiqué. Elle connaît l'infrastructure en long et en large et a de multiples projets aux États-Unis. Il est très facile pour eux d'évaluer et d'investir, et l'infrastructure est au sommet de sa liste», a-t-il expliqué lors d'une rencontre informelle avec la presse. M. Slane, qui n'est plus rattaché à l'administration Trump depuis qu'il a remis son rapport à la fin de la période de transition en janvier, a rencontré mardi le président et directeur général de la Caisse, Michael Sabia, pour discuter de ces questions.

Il s'est dit impressionné par l'expertise de l'institution québécoise en matière d'infrastructures. Bien que la nouvelle administration américaine se soit campée dans une position protectionniste de nationalisme économique, Dan Slane souligne que les investisseurs étrangers seront certainement sollicités pour soutenir des projets d'infrastructures.

Il a donné en exemple le fait que le département des Anciens combattants a besoin d'une vingtaine d'hôpitaux et que ceux-ci pourraient facilement être construits et loués au gouvernement par un fonds de pension comme celui de la Caisse. «Ils n'ont pas besoin d'en être propriétaires, seulement de les opérer. Voilà une façon pour un fonds de pension, par exemple, de financer la construction de 20 hôpitaux, les louer au département des Anciens combattants pour 20 ans et obtenir un retour sur leur investissement.

M. Slane a aussi fait valoir que de nombreux projets de transport en commun seront dans les cartons et que l'expertise de la caisse dans ce domaine pourrait lui donner une longueur d'avance. Dan Slane est allé jusqu'à suggérer que, pour vaincre la résistance à l'investissement étranger, dans un tel contexte, la Caisse pourrait s'associer à des fonds de pension américains qui n'ont ni ses ressources financières ni son expertise, simplement pour rassurer le public.
Prenez le fonds de pension des enseignants de l'Ohio. Ils n'ont ni l'expertise ni la sophistication de Michael (Sabia). Elle (la Caisse) pourrait faire équipe et mener les analyses, créer la bonne structure et amener l'expertise requise, mais, pour le public, c'est le fonds de pension des enseignants de l'Ohio qui en assumerait la direction. Il a signalé au passage que les fonds d'investissement de partout dans le monde, notamment d'Arabie saoudite, de Chine et de Norvège, devraient être sur les rangs pour d'éventuels projets en partenariat public-privé.


Garneau à Washington


Participant lui aussi au forum, le ministre fédéral des Transports, Marc Garneau, s'est montré nullement surpris de ces propos. Je suis certain qu'il y a des fonds d'investissement canadiens qui seront attirés par le potentiel de projets d'infrastructures aux États-Unis, comme ils le seront au Canada», a-t-il déclaré en point de presse. «Les fonds de retraite canadiens ont investi à l'étranger dans le passé, a rappelé le ministre avant son départ pour Washington, où il devait rencontrer son homologue américaine, la secrétaire aux Transports Elaine Chao.


Les questions d'infrastructures devaient également être au menu de ces discussions, particulièrement au niveau frontalier, de même que la réglementation. Il faut continuer d'harmoniser (la réglementation) pour qu'un train qui traverse frontière puisse savoir qu'il doit respecter les mêmes règles dans les deux pays, qu'il n'y a pas un changement de règles à la frontière, a-t-il fait valoir. Il a toutefois reconnu que le défi était de réussir à faciliter le transit des marchandises et des personnes tout en s'assurant de maintenir la sécurité aux frontières.


Pour les États-Unis, la sécurité est particulièrement importante et je travaille avec mon collègue le ministre (de la Sécurité publique Ralph) Goodale pour que non seulement le transport continue de se faire efficacement, mais que la frontière en assurant la sécurité soit quand même fluide et qu'on puisse maintenir et possiblement améliorer les taux de commerce entre nos deux pays. Une des approches sur lesquelles travaillent les deux pays est le prédédouanement des passagers dans les aéroports et du cargo pour éviter les goulots d'étranglement à la frontière.