That is a reasonable question.
In our view, the bank has a number of objectives. What does that mean? We wanted to create a centre of expertise. As you are very well aware, the infrastructure finance market is highly sophisticated now. The idea is to establish a bank that could operate as a centre of expertise and attract people with the expertise needed to finance projects in as sophisticated a way as possible.
That financial expertise is not the basic expertise that PPP Canada currently has. Financial expertise is a major component of the bank's mandate.
Let me speak very directly and openly. I am very well aware that I am in Parliament, but I will still say that political decisions do not always make for the best investment opportunities and the best infrastructure projects.
By best infrastructure projects, I mean those that have the greatest impact on the productivity of our economy. Politically, other factors are always in play and they may even be very reasonable, but our mandate is to find ways to increase the Canada's level of productivity and economic growth.
Another important objective is to set the bank at a distance from government and to create an institution that can act a little more independently, so that its decisions are better. In other words, this is about increasing our country's productivity. Independence and the quality of decision-making are two reasons why we advocate the creation of a new bank.