66: Planes, Trains and Automobiles

Stephanomics

• Episode: 66: Planes, Trains and Automobiles
• Website: Stephanomics
• Feed URL: http://feeds.bloomberg.fm/BLM8939407484
• Duration: 00:24:57
• Published: 2016-12-08 23:09

From a fatal highway bridge collapse in Minneapolis to LaGuardia Airport's "third-world" experience, America's failing infrastructure is no secret. To bring the country up to date, advisers to President-elect Donald Trump have floated the idea of a federal infrastructure bank, allowing cities and states to borrow at exceptionally low interest rates and encouraging private investment. Will it work? We check in on America's neighbor to the north, where Francois-Philippe Champagne, Canada's parliamentary secretary to the finance minister, joins Kate and Scott to explain that nation's newly announced Infrastructure Bank and what the U.S. might be able to learn. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com