The amendment is to have additional time for the hour. I'm substantiating why Mr. Barsalou-Duval's amendment is in line and why we will need that extra time. This is what I'm speaking to. Thank you.
The CIB characterized the investment as supporting essential service upgrades, but it does not reflect the original promise of a public-private partnership model, where private investors share financial risks—this is a taxpayer-subsidized loan to another nation—nor do we have any evidence to suggest that building these ferries in China, which largely fuels its economy with coal, will provide any net benefit to the environment. In fact, the additional hour, which Mr. Barsalou-Duval spoke of, is important because the investment will likely cancel out any emissions reductions they hope to achieve because of how poor the environmental standards are in China.
Lastly, the CIB just celebrated its 100th investment to build a strong, more resilient Canada. This celebration came out the same week they announced this $1-billion deal with BC Ferries to purchase new Chinese Communist state-made vessels. The question remains, what other investments are being touted as Canadian investments when they are actually being outsourced to foreign nations and are not benefiting the Canadian economy and job market?