Thank you very much, Mr. Chair.
Thank you for being with us, Mr. Cory.
I'm trying to clear up who created the Canada Infrastructure Bank and how it works.
The Advisory Council on Economic Growth, which included people from McKinsey and BlackRock, an infrastructure and real estate investment firm, recommended that the Canada Infrastructure Bank be created. The government itself recognized that the companies associated with the recommendation to create the Canada Infrastructure Bank could benefit financially from government decisions based on that recommendation.
You have confirmed that you used to work at McKinsey, as did two other colleagues of yours. In other words, the people who helped create the Canada Infrastructure Bank are also the people running it through the back door, and the businesses they currently own or previously owned can receive government contracts and investments.
On the surface at least, the situation can be summed up as follows: Some corporations are using privileged information they have or receive from the government to gain benefits that are highly profitable to them. Isn't that a problem?