Canada Leads Infrastructure Survey, US Falls to Third
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- Canada topped the Global Infrastructure Investor Association (GIIA) semi‑annual survey as the most attractive country for infrastructure investment, edging out the United States, Mexico, Germany and several European nations.
- GIIA surveyed 28 respondents that collectively manage about US$1 trillion of infrastructure assets, including Canadian pension funds, Brookfield, JPMorgan Chase, CBRE Group and Macquarie Asset Management.
- United States fell to third place in the ranking, behind Germany, as investors cited rising concerns over the US‑Iran conflict, higher March inflation and uncertainty surrounding the upcoming mid‑term elections.
- Canada’s improved outlook is linked to the federal government’s creation of a Major Projects Office, a planned $25 billion sovereign wealth fund and possible airport privatizations, as well as its push to become an energy superpower through nuclear projects.
- Canada scored highest among surveyed nations for political stability and regulatory attractiveness, but was rated lowest for the “visibility of its pipeline of projects,” indicating a need for clearer project pipelines.
Why it matters: Infrastructure investors stand to channel more of the US$1 trillion they manage into Canadian projects, boosting capital flows and accelerating Canada’s $25 billion sovereign wealth fund build‑out, while U.S. investors redirect funds elsewhere amid geopolitical risk.
