Transport committee  Correct. That's the Caisse de dépôt. They represent pensioners from across the province—millions of pensioners. They also draw on other institutional funders in partnership. So yes, that again represents non-governmental, non-grant funding, in my mind.

Transport committee  If I could clarify, obviously when we make a loan to a project, we always need to be tracking the expected outcomes of that project and our repayment. As any investor does, you always create an allowance for potential risks as they occur. That is not a loss.... It is not a loss t

Transport committee  Thank you, Mr. Chair.

Transport committee  Thank you.

Transport committee  Yes, in general, our goal is absolutely to crowd in private investment, and that ratio of 2:1 is approximately what we're seeing. As I mentioned, if you take our total portfolio—from the REM project to the announced projects that I mentioned in the growth plan since October, as w

Transport committee  Shall I continue, Mr. Chair?

Transport committee  In my opening, I'd like to highlight five things for you today. First, I'd like to talk about the significant pipeline of investments the CIB is currently working on, which will deliver results. The $10-billion growth [Technical difficulty—Editor] was an inflection point for th

Transport committee  Thank you very much, Mr. Chair. As you say, I'm Ehren Cory. I am the chief executive officer of the Canada Infrastructure Bank. I really thank you for the opportunity to appear today. I am meant to be joined by my colleague John Casola, as you mentioned, Mr. Chair. I believe Jo