I don't share the attitude of some members of the committee who are disparaging McKinsey.
I think this is something we call “corporate capture” at the Council of Canadians, where think tanks, lobbyists and others who represent Bay Street and, sometimes, global finance capital have taken public policy and shifted it dramatically.
The reality is that there's no such thing as free money. Somebody doesn't come along and give you $26 billion for free. There are strings attached. They want a huge return on investment. There's a surcharge they get, but most importantly, there's a deficit of public accountability and control when you move to P3s.
We're happy to hear where the bank has invested directly with municipalities and directly with indigenous communities. That's what we see as the proper role. That role is defined by responding to this climate emergency in front of us. We sure want the bank to stay away from water. The one time they tried to do that, the municipality backed away. We don't want any of that.
We need to retain and regain control of public assets and public services fully in the public good and not have that distorted by corporate interests and money swirling around the globe interfering with Canadians' future.