Mr. Speaker, I am always delighted to talk about our infrastructure plan, which is building projects across the country and creating jobs.
There has been very positive progress over the past year at the Canada Infrastructure Bank. We brought in new leadership and established a new mandate, and it is implementing its new growth plan and moving forward with projects, from the REM in Montreal to the Oneida battery project in Ontario to the southern Manitoba fibre project to the Lake Erie connector. It is leveraging private and institutional capital, creating good jobs and getting more infrastructure built for Canadians.
In just over three years, the CIB has achieved more progress at a lower cost than its predecessor P3 Canada, and it is in a strong position to build the infrastructure needed to increase Canada's growth and competitiveness and accelerate our transition to a low-carbon economy.