Given my background, I joined Infrastructure Ontario in late 2012. I think the work we've done in Ontario to get more infrastructure built over the last decade has used this idea of hybrid models, such that you're bringing in private sector expertise—engineering firms, architecture firms, construction firms—and private finance where it's helpful, while still keeping public ownership of the assets. That's the P3 model. If you look at Ontario, all of the hospitals and all of the roads and highways and courthouses we built, for which Infrastructure Ontario oversaw the construction, remained public assets, but they leveraged the best of the private sector. We're trying to apply some of the same logic at the CIB.
On February 6th, 2023. See this statement in context.