Thank you, Madam Chair. Thank you everyone.
I'd like to thank the witnesses for being here. We apologize for the delay.
My first question is for you, Mr. Ali Kahn.
In the paper you co-authored, I believe, with Kevin Page and other members of your institute, you say that the case for the Canada Infrastructure Bank is weak. You also say that the government has no real idea whether the bank will meet its objectives or not, since there appears to be no comparable model elsewhere in the world. The bank's structure will seemingly be based on a transfer of public assets to the private sector.
In light of the new information you now have, do you still stand behind what you wrote in your paper?