Transport committee  I'm sorry. Could you repeat the question? I'm not sure I understood, Chair.

Transport committee  I understand. Our financial statements do outline our expenditure on advisory services from external firms. It does not break them down by individual firm, if that's the member's question. It certainly does outline our expenditure, which I could, in general, break down into two

Transport committee  Each year we break down our external expenditures. Yes, it is for those two categories.

Transport committee  It's 125 now.

Transport committee  Thank you for the question. In my breakdown, what's important to note is that the vast majority of our spend on external advisers is on those deal-related items. When we're doing an investment in, for instance, hydrogen, which is one of the important areas of exploration, we've

Transport committee  None of that has included McKinsey consultation.

Transport committee  That's correct.

Transport committee  That's correct.

Transport committee  I appreciate the chance to clarify. Some of the work was done in two phases. When we say three contracts, there were three contracts, in point of fact. In two cases, there was a phase A and a phase B and two invoices were sent. The $1.43 million covers all work done with McKins

Transport committee  Of course, Mr. Chair. I'll just say there is no discrepancy. They represent the same scopes of work. There were three contracts—three stroked items of work. Two of them had a part A and a part B. In response to the Order Paper question, we listed them by invoice, so it showed up

Transport committee  That's correct.

Transport committee  Thank you for the question, Chair. In my capacity as CEO, I can certainly speak to the outcomes of the work that was done, which I have reviewed. I can speak to the materials that have been submitted in previous committees, such as OGGO. The member's comment is accurate. I was

Transport committee  Mr. Chair, members of the committee, good morning. My name is Ehren Cory and I am president and CEO of the Canada Infrastructure Bank, or CIB. Joining me are Mr. Duguay and my colleagues Mr. Robins, Mr. Jaswal and Ms. Vrooman, who will be with us in a few moments. We are pleased

Government Operations committee  Absolutely. We have a conflict of interest policy. It's quite rigorous. For every investment we make, we have an independent board of directors who bring expertise from the private sector from across the country. They declare any conflicts, and our employees are held to a very s

Government Operations committee  My understanding is that the early work helped set up the investment framework and the risk management practices of the CIB for the first few years. I think that was helpful. Of course, five years in, we've evolved from those quite a bit, and in my time, we have revised them.