Alistair spoke on the Budget Implemenation Act in the House of Commons
October 31st, 2016 - 1:00pm
Madam Speaker, when we look back at what the Liberal platform involved in October 2015, in last year's election, specifically on the subject of infrastructure, there was mention of the establishment of a Canadian infrastructure bank to provide low-cost financing for new infrastructure projects, and the federal government using its strong credit rating and lending authority to make it easier for municipalities to make these kind of investments.
What we were starting to hear last week, though, and I expect more details will come in tomorrow's economic update, is this new phrase of "asset recycling". We are quite concerned in the NDP that this is opening the door to privatization of some of the major infrastructure projects that our tax dollars have funded over the years. We are concerned, of course, about the higher rates of holds and user fees that might be passed on to the Canadian consumer.
While I appreciate that the Conservative Party may have a different philosophical approach to this, I am wondering if the member could comment on the differences between what was promised in the Liberal platform and what seems to be emerging during this week's economic update.