Mr. Speaker, with regard to the Canada Infrastructure Bank, to date the bank has not financed any projects. The bank is in the process of engaging with stakeholders in the other orders of government and the private sector to better understand the needs of Canadian communities, and how the bank could play a role in meeting them.
The bank is an important part of the government’s more than $180-billion plan to build stronger, more sustainable, and inclusive communities across Canada. The bank is designed to engage private capital to build better public transit, energy transmission, trade corridors, and more across Canada. By engaging private capital in these projects, public dollars can go further and free up more funding for the record investments being made in areas such as social housing, disaster mitigation, women’s shelters, and clean water and wastewater systems.