Liberals refuse to spend on highways in Canada; CPP goes full speed ahead on building roads in India

04/04/2024

The Trudeau government won't invest in Canadian road expansion but the Canadian Pension Plan is expanding highways in India. Although the Liberal Environment Minister Steven Gilbeault has mused he won't spend money for more Canadian roads, the Canadian Pension Plan is putting millions into such projects in India.

In late March, the CPPIB and OTPP announced a new capital raise, contributing $297 million and $298 million, respectively. Their total respective investments stand at $614 million and $606 million.

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