Thank you, Mr. Chair.
Thank you to all of the witnesses for coming today.
We heard from our earlier witnesses that this is a generational investment. Davie shipyards called this RFP by BC Ferries the largest non-governmental procurement in Canada's history. We've also heard from Eric McNeely that in China, the PRC has a hybrid model where they subsidize both their civilian and their military, because it keeps that work coming. I and Conservatives recognize that it is the workers who are going to be bearing the costs of this, both in terms of their tax dollars and as a missed opportunity.
I want to start first with Ms. Bourke.
Ms. Bourke, you've pointed out the outrageous decision by the Canada Infrastructure Bank to not even blink when BC Ferries came to them and asked them for a below-market loan for over a billion dollars, and there was no Canadian content requirement. Do you believe the Canada Infrastructure Bank has lost its way?