This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2023-06-01 12:10:00",
"attribution": {
"en": "Mr. Craig Stewart",
"fr": "M. Craig Stewart"
},
"content": {
"en": "<p data-HoCid=\"7850178\" data-originallang=\"en\">Thank you for the question, MP O'Connell.</p>\n<p data-HoCid=\"7850179\" data-originallang=\"en\">The Canada Infrastructure Bank has terrific promise on the adaptation side. The scale of the problem, as you've heard from witnesses, is far too great for any level of government to address alone. The private sector should be at the table. The private sector should be viewing this as an investment opportunity. We should be able to crowd private capital into these projects. We have companies with investment arms that are actively looking for projects right now. This isn't hypothetical. You need some sort of mechanism or broker to blend that capital and come up with the term sheets.</p>\n<p data-HoCid=\"7850180\" data-originallang=\"en\">What the Infrastructure Bank does is assume risk at the front end and then at the back end, and it makes it easier, basically, for private sector capital to flow into these deals. That mechanism, in our view, is very important if we're going to meet this challenge together.</p>\n<p data-HoCid=\"7850181\" data-originallang=\"en\">We actually hold the Canada Infrastructure Bank. We know it's taken a bit to get going. It's a very ambitious enterprise, but it's a necessary vehicle to make sure that the private sector is also at the table.</p>",
"fr": "<p data-HoCid=\"7850178\" data-originallang=\"en\">Je vous remercie pour votre question, madame O'Connell.</p>\n<p data-HoCid=\"7850179\" data-originallang=\"en\"> La Banque de l'infrastructure du Canada a un \u00e9norme potentiel en mati\u00e8re d'adaptation. Comme d'autres t\u00e9moins vous l'ont dit, l'ampleur du probl\u00e8me est beaucoup trop grande pour qu'un ordre de gouvernement puisse faire cavalier seul. Le secteur priv\u00e9 devrait participer. Le secteur priv\u00e9 devrait y voir une possibilit\u00e9 d'investissement. Nous devrions \u00eatre en mesure d'attirer des capitaux priv\u00e9s dans ces projets. Nous savons que des entreprises dot\u00e9es de divisions d'investissement cherchent activement des projets en ce moment m\u00eame. Ce n'est pas hypoth\u00e9tique. Il faut une sorte de m\u00e9canisme ou de courtier pour rassembler ces capitaux et \u00e9tablir les modalit\u00e9s des protocoles d'entente.</p>\n<p data-HoCid=\"7850180\" data-originallang=\"en\">La Banque de l'infrastructure a pour r\u00f4le d'assumer le risque en amont et en aval et de faciliter l'apport de capitaux du secteur priv\u00e9 \u00e0 ces projets. Selon nous, ce m\u00e9canisme est tr\u00e8s important si nous voulons relever ce d\u00e9fi ensemble.</p>\n<p data-HoCid=\"7850181\" data-originallang=\"en\"> La Banque de l'infrastructure du Canada nous appartient. Nous sommes conscients qu'elle a mis du temps \u00e0 d\u00e9marrer. C'est une entreprise tr\u00e8s ambitieuse, mais c'est un v\u00e9hicule n\u00e9cessaire pour faire en sorte que le secteur priv\u00e9 soit lui aussi pr\u00e9sent \u00e0 la table.</p>"
},
"url": "/committees/transport/44-1/72/craig-stewart-5/",
"politician_url": null,
"politician_membership_url": null,
"procedural": false,
"source_id": "12251489",
"document_url": "/committees/transport/44-1/72/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fcommittees%2Ftransport%2F44-1%2F72%2F"
}
}