Historic Investments to Modernize North American Transportation Infrastructure, But Funding Gaps Persist
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Historic federal investments (e.g. IIJA, Canada Growth Fund) drive surge in North American transportation infrastructure, focusing on transit, clean energy, new construction
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US has 4.4 million lane miles of roads but 11.2% of bridges are deficient; Canada relies heavily on roads with 68% in good condition
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Public transit sees 10.7 million daily US trips, 31% of Canadians commute via transit; modernization needed with 20.4 year average age of light rail vehicles
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US-Canada trade relies on interconnected infrastructure like roads (72.5% of US freight), 160 Great Lakes ports, 15 US international airports
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Funding gaps persist (US $2.58 trillion annual gap) but increased private sector role; safety concerns with 1.33 US traffic fatalities per 100 mil miles vs Canada's 5.1 per 100,000 people