It was really interesting testimony. I think you get good witnesses who have very different perspectives on the Canada Infrastructure Bank.
As Mr. Bain pointed out, the real opportunity is to look at how we can get more infrastructure built. However, these projects take a number of years. You have to start somewhere. You have to start with feasibility studies, with MOUs, and work up to building the projects. This is a real opportunity.
If you look at some of the projects.... I've talked about the REM in Montreal and the Alberta irrigation project, that's a partnership with a Conservative premier who understands the importance of the Canada Infrastructure Bank.
A really great project is the Oneida Energy storage project. That's a partnership with a first nation community, and it's going to be the largest battery storage project in North America, I believe. This is really about how we get more built, but also how we bring in indigenous people so they share in the these benefits.
There's Kivalliq hydro-fibre link MOU. That would be a 1,200 kilometre, 150 megawatt transmission line from Nunavut to New Brunswick. There's the Taltson hydroelectricity expansion project. I could go on. A whole range of diverse projects are in the priority areas.
As I said, it's about getting more infrastructure built for Canadians. When I go to communities across the country—to mayors, premiers and Canadians—they want more and better infrastructure built, because it creates jobs and growth; it increases Canada's competitiveness; it improves the quality of life for Canadians and, of course, it drives us to a net-zero future. Climate change is the other crisis we're in. We're in a health and economic crisis now, but we're also in a climate crisis.
The infrastructure bank is not the only way we are funding infrastructure, that's for sure, but it is a critically important part of our plan and an opportunity to get more and better infrastructure built.