- March 1, 2016: Vol. 9, Number 3

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Think globally, act locally: Governments at all levels are working in tandem with private investors to address ailing infrastructure

by Joel Kranc

North America, and the world, is facing a significant infrastructure problem affecting essential services now, the impacts of which will continue well into the future. Transportation systems, energy grids, water systems and more, that were conceived and built half a century or more ago, are crumbling and endangering the public.

One need not look further than the recent water crisis in Flint, Mich., to see the dire situation that public infrastructure is facing, with the added problem of a lack of resources to properly fix or rebuild failing infrastructure. In the United States, the American Society of Civil Engineers grades the public infrastructure system a D+ and estimates that $3.6 trillion of investment is needed by 2020 to bring it back up to speed.

The situation in Canada is not any better. The Federation of Canadian Municipalities warns of the coming collapse of Canada’s municipal infrastructure and estimates that Canada has fallen behind in infrastructure spe

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