The report also states, “Since the CIB was established, two-thirds of partner funding has come from public-sector partners.” That means two out of three project dollars have come from one form of government or another.
The former chair of the Canada Infrastructure Bank, now the Clerk of the Privy Council, Michael Sabia, claimed that for “every dollar of federal commitment [there is] four or five dollars” waiting to come from the private sector. We know from the PBO that this hasn't been the case. Why has this private investment not come yet?