Mr. Speaker, during the election campaign, the Liberals promised a wonderful infrastructure bank through which municipalities could borrow money at the federal government rate. Wow.
However, once the Liberals took office, they changed the way the infrastructure bank will operate. Ottawa is now going to allow its friends on Bay Street to borrow at the government rate to help them get their hands on Quebec's municipal infrastructure, without having to answer to the Auditor General.
Does the government realize that it is doing exactly the opposite of what it promised with its infrastructure privatization bank?