Sure. We as the Government of Canada created the Canada Infrastructure Bank. The purpose was to find new sources of capital that could be invested in infrastructure or in projects that generate positive social outcomes, whether they are building out communities, creating economic opportunities in growing industries or making our communities more energy-efficient.
Perhaps I'm oversimplifying, but those are the kinds of priorities that the bank would be reflecting upon. It operates independently of government. I don't have the ability to say, “Pick this project, and give them x dollars.” We can flag the priorities for the government that they can then invest in.
What we've seen is that the bank has actually attracted billions of dollars in capital that otherwise would not have been invested to make our communities more vibrant, prosperous or environmentally friendly. There is not necessarily an exact limit on the nature of projects, but there are priorities that they will pursue.
For what it's worth, I don't personally drive the investment decisions of the bank—I think that would actually be very dangerous—but its ability to operate independently on commercial terms is proving to be very successful. Despite a slower start, they've really accelerated the pace of investments, and I think it's going to have a very positive impact for the long term for Canadians.