Transport committee  I would say on that point that the government has to reflect on its financial and fiscal position, particularly given the challenges we've just faced in the last 11 months with COVID-19, and whether it has the capacity on its own to invest in and deliver the public infrastructure

Transport committee  My understanding was that with the initial establishment of the CIB in 2017 there was a very strict filter and mandate around the projects and sectors it could invest in. But over time, and specifically through the growth plan announcement in October 2020, that mandate has perhap

Transport committee  In my understanding, that report made certain assumptions around risk transfer and value for money analysis that were arguable. Insofar as we can quote reports such as that, I can look to Concert Infrastructure's experience with this model in Saskatchewan where it was used to del

Transport committee  Not being directly involved in the specific business of the bank, there have certainly been observations and reports from the outset that the board of the Canada Infrastructure Bank did not have the requisite autonomy and authority to actually deliver the projects. In the October

Transport committee  What I would say in response to that is there are obviously different vehicles for financing infrastructure, and its delivery. Certainly a granting approach is one approach. Provincial agencies that have been set up in the provinces, whether Ontario, B.C., Saskatchewan, Alberta,

Transport committee  I don't think there's a magic to this. I think there is a successful track record, whether it be in Ontario, Alberta, Saskatchewan, British Columbia, Quebec or Nunavut, whereby the P3 model, with the private sector taking responsibility for these projects, has resulted in signifi

Transport committee  There are a number of potential sectors that would help with that goal. I think it's important to note that with any infrastructure project that's been delivered in recent memory—in my experience through the P3 model—they all seek to maximize sustainability objectives and ensure

Transport committee  Can you maybe be a little more specific with what you're trying to get at?

Transport committee  If you look at the list of projects that it's committed to, whether it's the one you cite in terms of Alberta Irrigation, whether it's Lulu Island District Energy, the Oneida Energy Storage project, Pirate Harbour Wind Farm, that's a basket of projects, clearly, that lands in the

Transport committee  As I responded earlier, I think the thing to recognize about infrastructure is that it does take time to plan, procure, approve, finance and mobilize. Insofar as these commitments that have been made to date ultimately lead to a project, I think that's a positive thing in what we

Transport committee  It is my understanding that within the federal government there is no single agency that's responsible for the coordination, approval and implementation of federal infrastructure projects. Each federal department retains responsibility to deliver the projects on their own, within

Transport committee  As you pointed out, there are a number of examples of jurisdictions pursuing models to invest, increase or leverage private sector investment in infrastructure. Most recently, I believe the U.K. is looking at a potential infrastructure bank to make its infrastructure investments.

Transport committee  The first recommendation was around a focus on doing as you've laid out: leveraging private sector investment in these infrastructure projects. I think that's been a clear and consistent mandate of the CIB since its inception in 2017 and confirmed a number of times over the last

Transport committee  Good afternoon, Mr. Chair and committee members. Thank you for the opportunity to be with you to contribute to your study of the Canada Infrastructure Bank. Concert Infrastructure is an independent long-term investor, developer and manager of public infrastructure. Our foundati