For example, it has done a very significant investment with the Six Nations of the Grand River in Ontario in energy storage. The Infrastructure Bank has made significant investments in rural broadband in Manitoba. We talked about zero-emission buses across the country and energy retrofits with SOFIAC in Quebec. I know that the Infrastructure Bank is working with utilities in Atlantic Canada around a green energy loop.
I don't share your pessimism in terms of the bank's ability to add value. I do agree with you that it has to also raise its game in terms of the private investment that it attracts. It shouldn't be another line of programming from an infrastructure department. I take your comment entirely at face value. I think the bank, and my job as minister responsible, is to tell the board of directors and the chair of the bank that the government has certain expectations for them in terms of policy direction.
You're absolutely right that leveraging greater private investment has to be one. I totally get your point that if all of the partners end up being other public entities.... It doesn't mean the mayors don't try to unload a whole bunch of different projects across the country on the Government of Canada, but at the end of the day, as you say, it's the residents of a city or the taxpayers in a particular jurisdiction that are contributing in different ways. In some cases, we can leverage other investors.