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Transport committee  I'm never going to take away money. I think it's important. I would just go to my remarks that I said at the beginning, again, and say that losing time is money. There is a large gap in terms of having the right vehicles for infrastructure spending in this country as a result of a change in government and a change in position.

May 16th, 2023Committee meeting

Lisa Raitt

Transport committee  I appreciate that. I would say, MP O'Connell, just like Mr. Sabia said, I speak on a lot of panels and I may be in the same room with some people at given times, but I have no idea whether or not they were from McKinsey.

May 16th, 2023Committee meeting

Lisa Raitt

Transport committee  I appreciate the time, Ms. O'Connell. I, too, would like to say that I miss being on the finance committee with you all, but I don't. That is the truth, and I'm under oath so I have to make sure that I tell you the truth here. Indigenous representation, indigenous equity participation, in major infrastructure projects in this country is essential.

May 16th, 2023Committee meeting

Lisa Raitt

Transport committee  Any investment decision made at CIBC is made with the same integrity and rigour as at any other commercial bank in the country. They have to make the decisions for the benefit of their shareholders as well as the benefit of their own treasury. No, nothing that I say or do.... I had no contact with McKinsey.

May 16th, 2023Committee meeting

Lisa Raitt

Transport committee  You are correct, Dr. Lewis.

May 16th, 2023Committee meeting

Lisa Raitt

Transport committee  Thank you very much, Mr. Chair. I'd be happy to address the question. I do agree that there is an infrastructure gap. It's not just in terms of what we need for now and not just in terms of our ports and our airports, which are traditionally what you look at with respect to infrastructure.

May 16th, 2023Committee meeting

Lisa Raitt

Transport committee  I think that, given what the United States has done in bringing in the Inflation Reduction Act, Canada has to use every lever it possibly has to ensure there is the adequate financing of projects necessary for our economic growth. One of them is government funding. How you do it is going to be up to the government of the day.

May 16th, 2023Committee meeting

Lisa Raitt

Transport committee  Thank you very much, Mr. Chair. I'm delighted to be here with you all today. As you may be able to tell, I am not in an office. I actually thought that once I left Parliament it would no longer ruin family vacations, but here I am, talking to you from Marseilles, France, on a cruise ship.

May 16th, 2023Committee meeting

Lisa Raitt