A House of Commons committee studying the work of the Canada Infrastructure Bank (CIB) issued a single recommendation to the government in its report tabled on May 2: abolish it.
To justify the recommendation, the report quotes witnesses that testified over the course of five meetings held by the Standing Committee on Transport, Infrastructure and Communities during the previous Parliament.
“Much of the discussion throughout this study turned on the question of the CIB’s efficiency, with several witnesses expressing concern that projects were not flowing as quickly as expected,” says the report, citing testimony from Mary Van Buren, President of the Canadian Construction Association and others.
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