There are now 15 public transit projects supported by the Infrastructure Bank, which speaks to the importance of not only public transit but also, as the member stated, the connection and overlap with developing more housing and growing our economy. We're seeing a significant number of projects coming forward that combine infrastructure, trade and transportation, and public transit, in the case of Toronto. There are several examples of that.
Regarding additional private capital being brought to the table, historically Canada relied on public capital from taxpayers to fund these projects. In this case, the innovation of having an infrastructure bank that has the tools of public financing and can also draw in capital finance is a huge benefit for many of these projects, which deliver more than just the economic outcome. They deliver real value in terms of community building.
As the member stated, building communities where public transit is needed or where housing-enabling infrastructure is needed requires investment. The Canada Infrastructure Bank is doing a great job of those triple-word-score investments that have wins across the board for Canadians.