New PwC report explores paths to closing Canada’s infrastructure gap

New PwC report explores paths to closing Canada’s infrastructure gap

PricewaterhouseCoopers (PwC) has released its new report, Mobilizing Canada’s US$4.7T infrastructure opportunity, which explores the opportunities and challenges that Canada faces in closing its current infrastructure gap. The report finds that despite Canada’s fourth global ranking in annual infrastructure spending at more than $201 billion CAD, this spend comprises roughly 6.6 per cent of its GDP. This figure sits below the average of 7.4 per …

Resource & Defense Drive Canada's US$4.7T Infrastructure

Canada will require US$4.7 trillion in cumulative infrastructure investments between 2024 and 2050, driven by a global scramble for critical minerals and rising military security requirements. That's according to a joint forecast shared on Wednesday (June 10) by PwC Canada and Oxford Economics.The report indicates that annual Canadian infrastructure spending will rise 45 percent, from US$145 billion to US$210 billion by mid-century, placing the …

Canada’s infrastructure gap: why spending alone won’t be enough

A new report finds the country must rethink how projects are planned, funded, and delivered to mobilize a US$4.7 trillion opportunity. The report from PwC Canada finds that despite ranking fourth globally in annual infrastructure spending at US$145 billion, Canada invests just 6.6 per cent of GDP on infrastructure, well below the 7.4 per cent its high-performing peers invest. Closing that gap requires an additional US$34 billion a year by 2050. …

Canada risks losing critical minerals infrastructure race, PwC warns

Canada risks losing its competitive edge in critical minerals, energy and other strategic sectors unless it accelerates infrastructure investment and project approvals, according to a new PwC Canada report. Canada... The post Canada risks losing critical minerals infrastructure race, PwC warns appeared first on The Northern Miner.

PwC Canada Report Shows Cdn. Infrastructure Spending Won't Be Enough

TORONTO — A new report from PwC Canada finds that despite ranking fourth globally in annual infrastructure spending at US$145 billion, Canada invests just 6.6% of GDP on infrastructure, below the 7.4% its peers reportedly invest. Closing that gap requires an additional US$34 billion a year by 2050. But closing the gap is only part of the challenge, according to PwC Canada in a press release. The company’s report, Mobilizing Canada’s US$4.7T infr…