The Canada Infrastructure Bank is spending $20 million to privatize the water management system in Mapleton, Ontario. In its recent end-of-year report, the bank hailed the project as a pilot to demonstrate the potential of privatizing water in communities across Canada, yet what we've seen when this privatization has occurred in places such as Hamilton is that the cost of services goes up for citizens and the overall service delivery goes down.
Should public money through the Canada Infrastructure Bank be used to incentivize private corporations to take over the provision of vital services such as drinking water?