Infrastructure  Mr. Speaker, very reputable Canadian pension funds, such as the Canada Pension Plan Investment Board, teachers, OMERS, Caisse de dépôt, the Alberta Investment Management Corporation, invest in international infrastructure. They invest in infrastructure in other countries. We wan

Infrastructure  Mr. Speaker, during the process to create the Canada infrastructure bank, we consulted extensively with municipalities, provinces, stakeholders, and investors. We all understand that in order to mobilize private capital, in order to build the infrastructure, we need to create a

Infrastructure  Mr. Speaker, we have put forward a very ambitious, bold plan to build Canadian community infrastructure, tripling the investment compared to the previous government's meagre commitment to building infrastructure. We understand that if we mobilize private capital, we can underta

Infrastructure  Mr. Speaker, as I have often stated in the House, the bank is designed to shift the risk to the private sector, with appropriate investments that the private sector will make in any given project. We will make sure that the experts who will be running the bank ensure that the pu

Infrastructure  Mr. Speaker, P3s will continue to play a dominant role in building infrastructure, and we support that. We are allowing municipalities to make their own decisions. We do not impose a certain procurement model on our partners. It is their decision. As well, the PPP Canada organiz

Budget Implementation Act, 2017, No. 1  Mr. Speaker, I want to make sure that my vote is recorded, and recorded no.

Infrastructure  Mr. Speaker, as I have stated in the House many times, the infrastructure bank and any project undertaken by the infrastructure bank will be required to follow all provincial, territorial, and municipal laws. We respect the local jurisdiction and we will ensure that in order to g

Infrastructure  Mr. Speaker, we have put forward a very ambitious agenda to help build and rebuild Canadian infrastructure by tripling of our investments compared to the previous Harper government. Our goal is to go even further. We believe that by mobilizing the pension funds of institutional

Infrastructure  Mr. Speaker, when it comes to building infrastructure, members of the opposition, including the NDP, really lacked commitment. It was quite evident in the last election. We put forward a very ambitious agenda because we understood that Canadian communities needed to build more

Infrastructure  Mr. Speaker, the bank has been set up with the same legal structure as many other crown corporations. I can assure the hon. member that any project undertaken by the bank will be required to follow all provincial, territorial, and municipal laws. We have committed to investing in

Infrastructure  Mr. Speaker, last week we welcomed 2,000 delegates of the Federation of Canadian Municipalities to the annual conference here in Ottawa. Working together with these municipal leaders, we have announced 2,900 projects with a combined investment of $23 billion since taking office.

Infrastructure  Mr. Speaker, I am puzzled by the hon. member's question. On the one hand she accuses us of being too close with the private sector, with banks, and on the other hand she is telling us that government will have too much power in decision-making. We have created the right balance.

Infrastructure  Mr. Speaker, we have a tripled our infrastructure investments compared to the last government. FCM, the Federation of Canadian Municipalities, calls budget 2017 “a game-changer for municipalities”. We are committed to investing in infrastructure, and only a small portion, 10% of

Infrastructure  Mr. Speaker, as I have said many times, the bank is only one optional tool available to municipalities when it comes to supporting infrastructure that their communities need. Let me tell the House what the International Monetary Fund had to say about the bank. It said, “the prop

Infrastructure  Mr. Speaker, unlike the Harper government, we respect local decision-making and we allow local municipalities to determine which procurement model they want to use. The bank is an optional tool available to them, as the Prime Minister stated on Friday. As a matter of fact, our