Madam Speaker, I appreciate that question, because there is a significant difference between P3 Canada and the infrastructure bank. P3 Canada never did any underwriting of loans. In this case, $20 billion is going to reduce the risk on the private sector and give them a return on their investment and underwrite the loan. That is a significant difference.
With P3 Canada, it was a partnership between the private sector and different levels of government that came together. They were not underwriting the loans and they were not giving a return on the investment. It was a partnership, and therein lies the difference. What it did was leverage private sector dollars, which the Liberal government purports is a new-found mechanism for the bank, but it has been there since 2009. We were just not putting taxpayers at risk in terms of underwriting loans.