Madam Speaker, I would also like to thank my colleague for his comments and his work on the finance committee, where he raised that point.
I was very proud to support his amendments in committee. I will again be very proud to support them here to try to fix the bill to the extent possible, so that the infrastructure bank is not as bad as it is now, although it will remain imperfect.
That being said, the fact that the bank will act as an agent of Her Majesty the Queen of Canada is a blatant problem pointed out by various stakeholders, including by my colleague from Joliette. That calls into question the ability of provincial and municipal governments to have a say in such projects and to simply enforce their legislation, be it on environmental matters or other areas under their jurisdiction.
As proposed, the infrastructure bank is a crown corporation, and therefore it will be acting as an agent of Her Majesty. It may be a problem if the bank chooses to use all the authorities granted to it as an agent of Her Majesty. This is dangerous. To avoid any confusion and risk, it would be appropriate and reasonable to remove that provision from the bill. The bank would not be perfect, but it would not be as bad as it is now.