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Infrastructure  Madam Speaker, as the hon. member mentioned, I was honoured to visit Nunavut and announce, alongside the territorial government and the hon. member, $230 million in joint funding for nine projects that will help 19 communities deal with waste management systems, improve waste wat

May 19th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Madam Speaker, I can assure the hon. member and the House that we will do the proper due diligence before we undertake any project, by the bank, by the private sector, by the municipal sector, by the provincial sector, people who will be involved in building that infrastructure.

May 19th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Madam Speaker, for almost a decade the municipal sector was neglected by the previous government. Our goal is to put forward an infrastructure plan that will help rebuild Canadian communities from coast to coast to coast. The creation of the infrastructure bank would allow us to

May 19th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, after consultation with Canadians from wide experience and backgrounds, we have been able to create the right balance. We will make sure that the bank is an independent arm's-length crown corporation that is able to make decisions on its own but at the same time will

May 17th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, the pension funds that I talked about are where Canadians are investing for their retirement. That is the money we want to use to build the infrastructure that our Canadian communities need. I really do not understand why the member of the opposition is so much again

May 17th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, I would like to tell the hon. member that he is absolutely wrong. The bank will shift the risk to the private sector appropriate to the investment that it makes. Every deal will be structured in the public interest. We want to make sure the public interest is protect

May 17th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, we are engaging through our partners. One thing we have learned is that for the last decade the Conservative government underfunded infrastructure. We have a huge infrastructure deficit in our Canadian communities. We are making historic investments of $186 billion

May 17th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, for the entire last year, we engaged with a wide range of stakeholders, municipalities, provinces, territories, labour unions, trade councils, the IMF, the World Bank, private investors, and our own pension funds, which invest in other countries. We want to make sure

May 17th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, Canadian pension funds like the Canadian Pension Plan Investment Board, the Ontario Municipal Employees Retirement Fund, the Caisse de dépôt, the Alberta Investment Management Corporation are credible organizations that invest in places like Latin America and Austral

May 17th, 2017House debate

Amarjeet SohiLiberal

Government Appointments  Mr. Speaker, the infrastructure bank is an important part of our ambitious plan to build and rebuild Canadian community infrastructure. We are investing more than $186 billion to support our municipal sector, our provincial and territorial sectors, and to build the infrastructure

May 17th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, the small cities challenge will encourage cities to adopt new and innovative approaches to city building and improve the quality of life for residents through the implementation of clean, digitally connected technologies, including green buildings, smart roads and en

May 16th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, let me quote the Canadian Council for Public-Private Partnerships on the bank: “The Council is optimistic that the bank will play a significant role in attracting more private capital while growing the pipeline of P3 projects across Canada.” Our goal is to build mo

May 16th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, for the last two weeks, members of the opposition have been criticizing us for being too close to private capital. Now they are saying that we would allow oversight. We have created the right balance that will allow us to mobilize private capital and build more infr

May 16th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, we will always make sure that we protect the public interest, that we protect Canadian taxpayers' interest. Our goal is to mobilize private capital so that we can build more infrastructure that our Canadian communities deserve, the infrastructure that the Harper gove

May 15th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, the vast majority of infrastructure that our government supports building is owned by the provincial, municipal, and territorial sectors. Our goal is to make sure that we are leveraging private capital to build more of the infrastructure that our Canadian communitie

May 15th, 2017House debate

Amarjeet SohiLiberal