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By Mal (anonymous) | Posted November 01, 2012 at 08:57:01 in reply to Comment 82487
These considerations are complicated when your investment draws on funding and logistical planning from two levels of government (and possibly the credit ratings of same). Hamilton could certainly close its $200 million infrastructure gap with borrowed money and move unilaterally to reinvest in our sewers, roads and bridges, as long as they weren't banking on matching funds from senior levels of government. That formula can sometimes turn a sprint into a three-legged race. Or, as is currently the case, a peanut race.
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