Mr. Speaker, I will refute the premise of that intervention.
On a more serious note, we are extremely concerned that the Liberal government seems to be spending recklessly and not investing where it is really needed. I think that the case of social infrastructure and public infrastructure is a good example. Only 25% of what was announced was really spent. We are extremely concerned about this trend towards privatization.
I talked about airport privatization, but there is also the infrastructure investment bank, which is apparently intended to include private partners brought in on a massive scale to take care of our public infrastructure. This is completely contrary to the Liberal rhetoric during the election campaign. They said it was time to invest in our infrastructure because interest rates were low. They ranged from about 2% to 2.5%. It does not cost much to borrow money to invest, stimulate the economy, and create economic growth.
However, they are telling us that they want to include private partners, who are going to ask for 7% or 9% returns on their investment, while we could borrow that money at 2%. Why do we need to pay 7% or 9% returns to private companies, when we could have this money at only 2%? That does not make sense.