Mr. Speaker, currently, governments force infrastructure builders to cover cost overruns through fixed-price contracts and to buy bankruptcy insurance to protect taxpayers in the event the contractor goes under. The infrastructure bank would instead put all of these losses on the shoulders of taxpayers through loan guarantees. Why are the Liberals giving all of the profits to crony capitalists and all the losses to Canadian taxpayers?
In the House of Commons on June 2nd, 2017. See this statement in context.