Canada’s $4.5b exit from Australian toll roads sparks capital flight fears - AFR
Canada’s $4.5b exit from Australian toll roads sparks capital flight fears - AFR
Source: AFR
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DW NOTE
Canada Infrastructure Bank's pullout from Transurban's Sydney and Brisbane toll roads is the fourth foreign infrastructure exit from Australia in eighteen months. When sovereign-backed capital walks away from contracted revenue streams in a stable jurisdiction, it's pricing something the headline doesn't mention — likely currency depreciation expectations or repatriation pressure from domestic fiscal stress. Infrastructure assets don't suddenly become bad investments; the buyer's balance sheet does.