Mr. Speaker, we already knew that the new Liberal infrastructure bank will offer taxpayer-backed loans and loan guarantees to cover the losses of wealthy foreign investors who build megaprojects in Canada, but who will be on the bank's board? Let me quote the Minister of Finance: “I will say that it's not clear that the people on the board will necessarily be Canadians.”
That means foreign financiers could help foreign financiers access $35 billion in taxpayer-backed loans and loan guarantees here in Canada.
Who is standing up for taxpayers in this country?