Madam Speaker, that is a good question and one to which I have been wanting the answer. What is the borrowing rate going to be? When we look at the very purpose in the legislation to establish this bank, what does it say? It says that the purpose is to generate revenue for the bank and to attract private investment. Therefore, it will want a good return on its dollars.
I will give members an example. Similar to this was the PPP model. I am a little surprised to see the Minister of Infrastructure and Communities standing and defending this bank, because I know that he, the city councillors, and the mayor of my city were not pleased that the previous government required them to use a PPP to build the LRT they are now building. They got less money from the federal government as a result. Therefore, I think a lot of questions will be raised by constituents across this country as to why we are going to repeat what was a model that actually ended up costing municipalities more than if the federal government had simply done the borrowing.