Mr. Speaker, the hon. member says we need to go back 60 or 70 years in order to find a comparable government. I would say we would have to go back to the 19th century to find a government that is so unabashedly willing to use taxpayer dollars to line the pockets of global capitalists. I would go back further than the member suggested we do.
As the member is from Winnipeg, I am sure he will recognize the names of Sam Katz and Phil Sheegl. Those are the names that come to mind when we talk about people in the private sector who come into the public sector and are not clear about how the public sector relates to the private sector. As Winnipeggers, we know what the outcome for us was in terms of the use of tax dollars. We saw a lot of that money go to waste. There were investigations about who that money went to and under what circumstances and why.
In order not to repeat those kinds of errors, it is important that we be clear from the start as to what role private investors are going to have when it comes to setting public policy for the infrastructure bank. I have to say that the current rules do not satisfy me that taxpayers are going to be protected.