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By Kanellos (anonymous) | Posted October 29, 2012 at 13:49:21 in reply to Comment 82397
One potential complication is the hiccup that could come if interest rates rise.
Post-recession, interest rates have been at historic lows:
http://www.bcrealtor.com/d_bkcan.htm#bkcannow
There are numerous upsides to this phenomenon, one of which is that infrastructure investments should in theory be easier to finesse.
The flipside, of course, is that the debt the province has ($272B as of Sept 30, 2012) could easily become more substantial if rates move. And they're liable to move.
http://www.cbc.ca/news/business/story/2012/10/23/biz-interest-rates-bank-of-canada.html?cmp=rss
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