Mr. Speaker, I would like to thank the member for his question and for his municipal experience. I know that he and I have talked about our municipal experiences.
Members are well aware of capital risk. When we look at Ontario, it has an infrastructure program that gives loans to municipalities, and gets away with that capital risk.
Smaller projects are sometimes less risky and easier to obtain funds for. However, for bigger projects that are Canada-wide or projects that need financing, it is time to look at that capital risk. If we, through the infrastructure bank, can get these projects pushed forward and get private investment, we cut down and reduce that capital risk for cities to get these projects done on time and on budget. This is what we are trying to do.