The report comes after hearings last year during the previous Parliament
The Canada Infrastructure Bank should be abolished, according to the single recommendation in a newly-released report from the House of Commons transport committee.
The report is primarily based on hearings that occurred in 2021 during the previous Parliament. That work was reviewed by MPs in the current Parliament and the report was approved with accompanying statements from the Liberals, the Bloc Québécois and the NDP. One common point of concern during the hearings related to the efficiency of the bank, with the report noting that several witnesses expressed concern that projects were not flowing as quickly as expected.
“We believe strongly, the CIB is an important tool in the government’s toolkit when it comes to generating smart investments in Canadian infrastructure,” the party said. The Bloc opposes the bank based on the party’s philosophy that federal infrastructure dollars should be transferred to Quebec with no strings attached.
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