Mr. Speaker, I want to thank my colleague for her candour. The more candid the Liberals get about what the infrastructure bank really means, the more clear it is that it is a bad idea.
She talks about leveraging. That was one of the major themes of her speech. I wonder if she knows that leveraging investment is not like leveraging donations. If people donate, say, to the Red Cross or something, sometimes the government will offer to match their donations dollar for dollar, or $1 for $2, or something like that. That is not a zero sum game. It is actually creating more investment in the cause. However, the infrastructure bank does not work that way. Canadians, at the end of the day, are going to pay back the investments that were made.
I worry that the hon. member thinks the model is the same as when the government matches donations to charities, and does not realize that BlackRock is not acting like a charity, and it does not deserve to be treated like a charity by the government, which is what the infrastructure bank would do. I wonder if she could explain to us how it is that BlackRock is going to be giving money to infrastructure projects and not expecting to get all of its initial investment back, plus the return it wants to get of 7%, 9%, 10%, or 12%.