Private capital key to energizing Canadian economy: IIAC

Private capital is critical to boosting the Canadian economy’s fortunes, argues Ian Russell, IIAC president and CEO, in an article for Policy Options.

Read: Federal shortfalls to be billions bigger than forecast

He suggests a three-pronged approach to unlocking private capital to kick-start the economy.

“First, we need a plan to help small businesses raise equity capital to promote entrepreneurship and kick-start the economy. Second, we must draw private capital to invest in infrastructure, especially for smaller and medium-scale projects (i.e. under $200 million) that are not as attractive for large pension funds because of their relatively small investment scale. Third, we need to encourage private savings for retirement.”

Read more here.

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