Thank you for the question.
Thank you.
I appreciate taking us back. I think that's the right context to start from. In fact, from my understanding, the concept of an Infrastructure Bank first appeared—and again, this is from the public record because I wasn't there at the time—even prior to the growth council. In the election of 2015, it was part of the campaign platform of the Liberal party, so this is an idea that existed.
Why is not surprising. Countries around the world have been exploring and are continuing to explore the idea of green banks or infrastructure banks, so this was not a new idea and was certainly on the official record even going into the election.
Now, as the member points out, I think the growth council—again, from the outside in, having not been part of it—certainly did make a number of recommendations, including endorsing the idea of an infrastructure bank, so it certainly built on.... It was not their idea, from what I can gather.
Now, to the member's question, I think what I can speak to is the hiring of McKinsey at the outset. It is important to note, so just picture the time. At that moment, the CIB had one acting employee who was a board member who had temporarily taken on the role of acting CIO, and their job was to get the place started.
They went out to get external help to do so, to write an investment policy, to develop risk management processes and to stand up the organization from scratch. From my review of the materials, they talked to a number of firms about doing that. I think McKinsey is not a surprising choice for that, given the range of their experience in infrastructure work and their global reach. I don't think there is a direct relationship between the growth council and the hiring of McKinsey.