I completely agree with my colleague.
The Prime Minister tells us that we are going to invest to build Canada strong, but in reality, it is the private sector that is going to invest in oil projects, ports and all that. There is money to be made. He waited a while, did some networking, travelled around the world, and then realized that no one was showing up. Then he wondered what he should do and decided that the solution was to put our money into it.
However, he had already gone into debt. His deficits are twice as large as Justin Trudeau's. He has no money left, so he is planning to borrow money to keep things going, but get the private sector involved too. How will the private sector get involved? The day before the economic update, he told us that he did not have many details to share at that time, that perhaps the money could be guaranteed, and that he would provide details during the economic update. The next day, when the economic update was tabled, we were told that the details would be provided in a few months. We are being left in the dark.
The Canada Strong fund does much the same thing as the Canada Infrastructure Bank. If there were a desire to invest direct funds—borrowed money—the government could simply modify the existing structure rather than creating a new one, which is unnecessary. Clearly, the government is instead choosing to invest by borrowing taxpayers' money for projects that are not profitable for the private sector.