Thank you, Mr. Chair.
Thank you to the witnesses for appearing.
The purpose of the bank is to invest, and seek to attract investment from private sector investors and institutional investors, in infrastructure projects in Canada or partly in Canada that will generate revenue and that will be in the public interest by, for example, supporting conditions that foster economic growth or by contributing to the sustainability of infrastructure in Canada.
I want to better understand the point about economic growth. If you're trying to get funds coming into investments, and if the private sector is fulfilling that demand and you're backfilling some of it, what filters are you putting on to determine what that economic growth looks like? There are a lot of projects out there that may not make economic sense. They may be heavily subsidized, and they're never going to be self-sustaining.
I just want to understand your filtering process. How would you determine which projects rank higher?