Madam Speaker, the bank is designed to help attract private capital to new projects so that we can build more transformational infrastructure across Canada.
The infrastructure bank, it bears repeating, is only $15 billion out of more than a $180-billion transformational plan. The infrastructure bank will be yet another tool for our partners to use, should they wish to do so.
No municipality, province, or territory will be forced to use the bank. It is one of the tools in our toolkit to create good jobs for the 21st century.