Mr. Speaker, when ConCreate USL went bankrupt building a bridge in south Ottawa, taxpayers had no extra cost. That is because the builder was forced to hire a private sector guarantor to finish the job. Thank God there was no infrastructure bank at the time, because it would offer investors a government loan guarantee, putting taxpayers on the hook.
Why is the government taking billions of dollars of risk off the shoulders of wealthy billionaires and putting it onto the backs of Canadian taxpayers?