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December 7, 2009

Scotia Capital Forecasts Infrastructure Rebound


Dec. 7 (Bloomberg) -- Scotia Capital anticipates an increase in demand for financing to build highways, hospitals and other construction projects next year as government spending ramps up, managing director Matt Giffen said.

"That pipeline is now quite robust," said Giffen, co-head of Scotia Capital's global infrastructure finance group. "Certainly in Canada we have a very large pipeline of up to 10 deals in the next year."

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Posted by rjorr at December 7, 2009 7:12 PM