I appreciate the question. You're right. The CIB really does focus on transparency. You see the finery in our reports, all of our expenses, an explanation of our bonuses and an explanation of our performance targets, along with when we meet them and when we don't. The performance bonuses are just that. They're based on the achievement of goals.
To be clear, last year, which just finished on March 31, the CIB made $3.7 billion in new investments. The year before that, it made $4.3 billion in investments.
There are staff costs to do that. Since the CIB launched in 2018, we've been ramping up staff.
Dr. Lewis, as you've described, that's the natural function of our hiring investment professionals. They're market experts and folks like Mr. Guneratna, who has a long experience in both energy and banking. They're folks like Monsieur Duguay, who comes to us from the private sector as well.
Yes, we've built a team. That team is getting incredible leverage on Canadian dollars by investing billions of dollars in new infrastructure projects.