The concept of an infrastructure bank in general is interesting. To your point about controls, I'll let Mr. Duguay speak to that in a moment.
To be clear, an infrastructure bank is a blended finance tool that helps support infrastructure projects. To the member's point.... He has an advantage, having been the parliamentary secretary. I know he knows this space very well.
It's not only the U.K. You can look at Germany, the Scandinavian countries, Australia, Singapore, Scotland and individual states in the U.S. There are many that have adopted some version of a model where a public institution like the CIB is making investments, in risk-sharing ways, to help spur more infrastructure investment, blending public and private. This idea is not new. It's not Canadian only.
When we look around the world, the Infrastructure Bank is alongside peers such as the U.K., the KfW in Germany and the Nordic bank. They are leaders in this area. We are far from alone.
In terms of the controls that we put in place, I'll let Mr. Duguay speak to how they compare to those in other jurisdictions.