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Building Our Urban Futures: Inside Canada’s Infrastructure and Real Estate Needs
- Date Updated: September 2020
The time has come to massively invest in Canada’s infrastructure.
Canada’s historical underinvestment in infrastructure has reached a critical crossroads. Despite increased investment in infrastructure in recent years, we still have a significant gap between our collective needs and current projections. The scope of this challenge is enormous.
This newly released report, Building Our Urban Futures: Inside Canada’s Infrastructure and Real Estate Needs, from Evergreen and Deloitte takes a long-term view and asks: what will be needed 50 years in the future? We estimate that between now and the year 2067, Canada will need between $11 trillion to $22 trillion in infrastructure investment just to maintain current standards of living, let alone make improvements.
It is now clear that we need to urgently strategize and act collaboratively so that we make choices now to rise to the challenges of our futures.