Madam Speaker, I thank my colleague from Louis-Saint-Laurent for his entertaining speech. I now have the pleasure of sitting with him on the Standing Committee on Finance.
I would like to tell him about yesterday morning's meeting of the Standing Committee on Finance where we heard from Dominic Barton, who chairs the Advisory Council on Economic Growth. We heard some very interesting things, including the fact that the so-called infrastructure development bank being considered by the Liberal government will attract about $40 billion.
We do not know where this money will come from, but it will probably be taken from the current infrastructure program. The bank will be given $40 billion in public money in order to attract $160 billion from the private sector, either from public pension funds or private equity funds. This is about privatization. The Conservatives are not necessarily against this. The NDP obviously does not support it. However, if there is one thing we agree on, it is that this was never promised during the election campaign.
I would like the member for Louis-Saint-Laurent, who is the Conservative finance critic, to comment on this very controversial idea of creating an infrastructure development bank. With people like Dominic Barton, Michael Sabia, and Mark Wiseman, this could result, sooner than later, in the privatization of public assets in Canada.