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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

Infrastructure  Mr. Speaker, we have done an extensive amount of consultation over the last year, engaging with municipalities, provinces, the Federation of Canadian Municipalities, labour organizations, trade councils, the IMF, the World Bank, and with all sorts of stakeholders that are interes

May 15th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, we are very proud that the infrastructure bank will actually report to this House, through Parliament, through the regular operational plans that will be tabled. The members can see that, as well as the extensive consultation that we have done with our stakeholders a

May 15th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, under the previous government, our communities suffered greatly because the infrastructure they need—

May 15th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, let me tell the House what the CEO of the Canadian Council for Public-Private Partnerships has to say about the infrastructure bank: “The Council is optimistic that the bank will play a significant role in attracting more private capital while growing the pipeline of

May 15th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, Canadian pension funds like CPPIB, OMERS, teachers, IMCO, or the Caisse de dépôt invest billions of dollars helping to build infrastructure in other countries. They have been doing that for Australia and they will do it for Latin America. What is wrong if our own pe

May 15th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, the infrastructure bank will allow us to build more infrastructure in partnership with our municipal sector and in partnership with our provincial sector. There will be different layers of accountability, and due diligence will be done every step of the way when we e

May 15th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, we are proud to put forward a very ambitious plan to build and rebuild Canadian infrastructure, to grow our economy, and create jobs for the middle class. We are very proud that the infrastructure bank will allow us to build more of the infrastructure that our commun

May 15th, 2017House debate

Amarjeet SohiLiberal

Interests of Quebec  Mr. Speaker, we were very pleased to see the interest of a number of municipalities to headquarter the Canada infrastructure bank. We feel that regardless of the location, every municipality will benefit from the creation of the infrastructure bank, because they can undertake pro

May 11th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, we have some investment funds in Canada that are known worldwide. CPPIB is one of them. OMERS is one of them. These are funds that would like to invest in Canadian infrastructure to grow our economy and create jobs for the middle class. That would benefit Canadians f

May 11th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, the hon. member is absolutely incorrect when he says money is slow in flowing. We approved 2,200 projects with a combined investment of $20 billion with provinces and municipalities. Almost 50% of those projects are under way. They are allowing us to create a transi

May 11th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, there are a number of projects being funded in the member's own riding as well, through the other government. We are not ignoring the needs of Canadians, obviously. We want to work with all stakeholders. We want to work with unions. We want to work with the building

May 11th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, we are proud to say that under our transit plan, more mid-sized communities have received more funding than they ever did under the Harper plan. We have dedicated $2 billion for small communities only so we can help build the infrastructure those communities need. Ou

May 11th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, the presentation we made to investors is available to the public and the hon. member is welcome to read it. I hope he has read it, because there is nothing dubious about it. We are very proud that we are attracting international capital to invest in our Canadian in

May 11th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, I can say as a former municipal councillor that one of the things our municipalities need is consistent, sustainable, and long-term funding, which did not happen with the previous government. We have been consulting with our partners for the last year to establish

May 11th, 2017House debate

Amarjeet SohiLiberal