Mr. Speaker, the Prime Minister is misleading Canadians about his $35-billion infrastructure bank. He refuses to admit that taxpayers will be on the hook for bad projects.
However, we have learned that his own officials are telling investors that they can keep their profits, but the bank will absorb any losses incurred.
Can the Prime Minister tell us, once and for all, who will pay for failed infrastructure projects? Will it be foreign investors or Canadian taxpayers?