HOGTOWN GETS THE INFRASTRUCTURE BANK

The government unveiled details of the bank last month in a proposed law enacting parts of its annual budget, including that it will be led by a chairperson and at least eight directors. It gave Trudeau’s cabinet broad power over the bank, including to appoint or dismiss the chair and directors, and to approve the board’s appointment of a chief executive officer, who government will also have the power to dismiss. The finance minister will also have powers over loan recommendations.