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Public banks around the world are working towards the public good during COVID-19. The Canada Infrastructure Bank, however, seems focused on privatizing critical public services instead of ensuring vital infrastructure across the country is built or maintained, like this project to repair the bridge spanning the Halifax harbour in 2017. THE CANADIAN PRESS/Andrew Vaughan

COVID-19 illustrates why Canada needs more — and better — public banks

Canada doesn’t have many public banks. The best known, the Canada Infrastructure Bank, seems intent on privatizing critical public services instead of working towards the public good.

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