Thank you very much, Mr. Chair.
I'd like to welcome our guests and thank them very much for their presentations. As they will know, this committee is undertaking this study to find out what exactly has prevented the Canada Infrastructure Bank from getting any projects completed in the almost four years since its inception.
I just have a few questions to start off with.
Earlier in 2020, the former chair of the CIB, Michael Sabia, told Canadians that they could expect a return of $2 for every $1 of taxpayers' money: $2 in private sector investment for every $1 of taxpayers' money invested. Is that still the mandate of the Canada Infrastructure Bank?