Madam Speaker, I believe the infrastructure bank and its mandate are still to be determined. The rules and the implementation of it are still to be determined. However, municipalities and cities can rest assured with the commitment this government has made to infrastructure spending, and the 50% on infrastructure projects shall remain.
The goal of the infrastructure bank is actually something that a lot of these municipalities have been asking for, which is a base they can rely on for satisfactory funding at low cost to implement a lot of the infrastructure projects that they have been dreaming of for so long. We can go coast to coast to coast to the major cities in this country and we will see failing infrastructure projects, sewer systems that are outdated, bridges that are falling apart, and highways in need of repair. This infrastructure bank will only help in implementing those projects that are beyond perhaps some of the scope of the infrastructure funding.