Mr. Glenn Campbell at the Transport, Infrastructure and Communities Committee

On May 16th, 2017. See this statement in context.

May 16th, 2017 / 1:05 p.m.

Executive Director, Canada Infrastructure Bank Transition Office, Office of Infrastructure of Canada

I must say, that was a sophisticated but entangled question.

Infrastructure projects are about risk and they're about managing the risk, whether they're from the government steward or a constructor or a private sector. The P3 model is designed to manage a certain type of risk in a certain structure.

The Canada infrastructure bank is, by definition, designed to underwrite and manage risk between the public party and the private party. The objective would be to crowd in more investment finance. The references to—

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