IFM Investors will pour up to $10 billion into Canadian infrastructure over the next decade if the global investment group can secure favourable tax rates and Canada sells off government-owned assets such as airports and roads.
IFM’s global head of infrastructure, Kyle Mangini, said the $10 billion pitch showed the scale of potential future investments in Canada, including airports if they are privatised by the Canadian government. “We’re looking at very large opportunities,” he said.