SoVote

Decentralized Democracy

Senate Volume 153, Issue 101

44th Parl. 1st Sess.
February 15, 2023 02:00PM
  • Feb/15/23 2:00:00 p.m.

Hon. Marc Gold (Government Representative in the Senate): Thank you for your question. Frankly, it’s the position of this government that the Canada Infrastructure Bank is an important and, indeed, innovative approach to help get more infrastructure built. Though it is disappointing that the private sector has not responded to the degree that was initially hoped, it is not the role of the government to direct how private capital and private enterprise direct its funds. I’m sure that you will appreciate that position of principle, Senator Plett.

The fact is, the bank has attracted billions of dollars of private investment and is funding dozens of important projects. I would be happy to provide a full list to senators if they are interested. Please contact my office. I don’t want to take the time from Question Period to list them all.

There are a considerable number of important projects benefiting Canadians across this country, and it’ll continue to do that in the hope that private industry will step up to an even greater degree as partners.

179 words
  • Hear!
  • Rabble!
  • star_border