How private investment works in Canada’s infrastructure space

The Hub is my favourite conservative podcast. It is a deep dive into Canadian politics and policy from a conservative position, advocating market liberalization, small government. It is not overly consumed by culture war nonsense, and has done some excellent deep dive reporting on climate change and solutions. That’s not to say that I agree with their perspective – in fact, I rarely do – but I never listen without learning something, especially when they talk to people who know what they are doing. Today it’s about how very large institutional investors can play a role in helping to build the public infrastructure we need in Canada. It’s an illuminating conversation for me. Stephen Frank is the guest. He is the CEO of the Canadian Life and Health Insurance Association who represent companies with a trillion dollars invested in long term investments. Because they are a very highly regulated investor, the focus on very safe and reliable investments that provide long term returns through…