Mr. Speaker, it is Wednesday, so can the Prime Minister please clear this up?
The finance minister claims that the Liberals' so-called infrastructure bank will be independent, but if the minister read his own legislation, he would see clearly that it is exactly the opposite. The Minister of Finance will approve loan guarantees. The Liberal cabinet will appoint boards of directors and the chairperson. The Liberal cabinet will have the final approval over the CEO.
Which is it? Is the bank going to be independent, or will the bank continue to be just an arm of the PMO, cabinet, and the finance minister to reward their Liberal friends?