Mr. Speaker, if pension funds want to invest in infrastructure, they can. They do not need a $35-billion backstop from taxpayers. The question is who is actually going to run this. The Liberals say it will not be elected officials or public servants. Will investment bankers have the use of $35 billion in tax dollars to guarantee the profits of other investment bankers? Self-serving insiders get the reward, taxpayers get the risk. How will the government ensure that this scheme does not become a $35-billion, taxpayer-backed, self-licking ice cream cone?
In the House of Commons on November 15th, 2016. See this statement in context.