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Infrastructure  Mr. Speaker, as I assured members earlier, the bank will be accountable to Parliament in a number of ways. It will be required to submit an annual corporate plan and annual report. Further to that, it will have the highest standard of having its books audited by the Auditor Gener

May 30th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, the Canadian communities and municipalities are very pleased with our infrastructure plan because they understand. That leader and his party had no plan for infrastructure. That party neglected the infrastructure for a decade. Therefore, our goal is to ensure we put

May 30th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, I do not know to which interference the hon. member is referring. We consulted with provinces and municipalities. The infrastructure bank is one additional tool to help them build the infrastructure that communities need. We are putting forward $186 billion, triplin

May 30th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, after a decade of inconsistency and ad hoc planning by the previous government, municipalities told us that they want long-term, sustainable, and predictable funding to build the infrastructure they need. We put forward a historic plan to support our municipalities a

May 30th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, I can assure the hon. member and this House that the bank will be accountable to Parliament. The bank will table its corporate plan in Parliament as well as the annual reports. It will report to the Auditor General. It will be open to audit by the Auditor General. W

May 30th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, last week was a very good week for Canadian municipalities. We announced 750 projects, more projects in one week than the previous government did in four years combined. That is delivering for Canadians. We put forward a very ambitious agenda to build and rebuild Can

May 29th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, I can assure the hon. member and the House that we are structuring the Canada infrastructure bank to function in a way that it will be accountable to Parliament. It will report to Parliament on an annual basis, at the same time making sure it is a crown corporation,

May 29th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, for the last couple of weeks, the member of the opposition and his party have been criticizing us that the bank is too close to private capital. Today, he is saying that it will be too close to government. We have struck the right balance. We believe that the bank wi

May 29th, 2017House debate

Amarjeet SohiLiberal

Infrastructure  Mr. Speaker, we consulted municipalities, provinces, and territories before the creation and introduction of the legislation for the creation of the infrastructure bank. What we heard from our partners is that despite the historic investment we are making in infrastructure, there

May 29th, 2017House debate

Amarjeet SohiLiberal

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