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Hansard - 175
2017-05-11
Jenny Kwan - 12:14
Lib. (QC)
Marc Miller (Ville-Marie—Le Sud-Ouest—Île-des-Soeurs)
2017-05-11 12:15 [p.11063]
...More
Madam Speaker, I would like to thank the member opposite for her advocacy for her community. I heard the passion with which she expressed her concern for development, particularly in social housing. These are needs in any city and most communities. In mine, for example, it is up to 30% or 40% in certain areas and boroughs.
These are the things we need to be fighting for and that is why we have a classical infrastructure model of up to $180 billion. This is why we will not be using private capital in most circumstances to leverage these purchases and construction. We will be working with private partners and we will be looking to work with private partners for these things. In some areas it will make sense and in some areas it will not.
Has the member talked to any community members for projects that will make sense in her riding, will make sense for the Vancouver area? We recently announced projects in the Vancouver area of $300 million, half of which are federally funded. Again, not all of those are privately leveraged, but there are circumstances where we will be building more infrastructure in order to build bigger projects, more projects in communities where they need it and where it makes sense to allow private partners to participate, but it is not all of them. It is 8% of our classical funding model. Perhaps the member could consult with members in her party because the projects themselves come from the proponents and they are not pushed by the bank in and of itself.
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Jenny Kwan - 12:17
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INTERVENTION
Miller, Marc
2017-05-11 12:15
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