Madam Speaker, the member shared an example about social housing in his city, which he knows so well.
In response to that one example, I can give 10 examples of public-private partnership programs that were dismal failures. Should I start with CHUM, the Université de Montréal hospital? Should I start with an example that will cost Quebec's treasury billions of dollars even though it was an outrageous waste and shameless mismanagement on the part of successive governments, which failed to keep things under control, and absolutely irresponsible investors? No.
The member failed to ask one basic question. This is not just about pension plans. This is also about private investment funds. This is about how BlackRock has more money than the Caisse de dépôt et placement du Québec, money it can use to not only invest in infrastructure, but also acquire their very sources of revenue. We are opening up not only pension plans but private investment funds too.
There is no comparing a small-scale social housing program from Toronto to the impact this will have on the Canadian economy and the future of our infrastructure. They are just not in the same league.