Q-1125 , 45th Parliament, 1st session May 26, 2025, to present

With regard to the Canada Infrastructure Bank and the Minister of Housing and Infrastructure’s statutory responsibility to ensure it operates in the public interest, since January 2025: (a) what formal clarification, guidance, or instructions has the minister issued to the Canada Infrastructure Bank regarding transparency and disclosure of loan terms, including interest rates, repayment structures, and risk-sharing provisions, and on what dates were such directions issued or communicated; (b) what mechanisms exist within the minister’s office or the department to review, assess, or monitor individual Canada Infrastructure Bank investments, and how are those mechanisms applied in practice, including the timing and scope of any review process; (c) what information is provided to the minister or his office regarding individual Canada Infrastructure Bank investments prior to approval, including briefings, summaries, risk assessments, or investment memos, and at what stage in the approval process is such information typically received; (d) does the minister receive information on whether Canada Infrastructure Bank loans are at, above, or below market rate, and, if so, what level of detail is provided and when; (e) what mechanisms are in place to ensure ministerial oversight in identifying and addressing potential real or perceived conflicts of interest involving individuals connected to Canada Infrastructure Bank-financed projects, including when such assessments are conducted and how the results are recorded and communicated to the minister; (f) what are the details of all communications between the minister or his office and the Canada Infrastructure Bank regarding specific investments prior to public announcements, including the nature, timing, and purpose of such communications; (g) how many times, since his appointment as minister in May 2025, has the minister communicated with the Chief Executive Officer of the Canada Infrastructure Bank, including in-person meetings, virtual meetings, telephone calls, emails, text messages, or any other form of direct or indirect communication, and for each instance, what is the date, mode of communication, list of participants, and the subject matter discussed; (h) what direction, if any, has the minister provided to the Canada Infrastructure Bank regarding the assessment of domestic economic benefits, including the use of Canadian suppliers and supply chains, and when were such directions issued; (i) what requirements exist for the Canada Infrastructure Bank to demonstrate that private sector financing was actively sought prior to federal participation, and how is this verified, including what information is provided to the minister on this point; (j) what oversight does the minister exercise to ensure that Canada Infrastructure Bank financing does not displace private capital, and what analysis, if any, is provided to the minister on this issue, including timing and conclusions; (k) what systems are in place to track lobbying activity related to Canada Infrastructure Bank investments and report such activity to the minister or his office, and what information is routinely provided, including timing and format; and (l) how does the minister define his statutory responsibility under the Canada Infrastructure Bank Act to ensure that the Bank operates in the public interest, and what specific direction, guidance, or criteria have been issued by the minister or the department to clarify how that responsibility is exercised in practice, particularly in relation to individual investment decisions and the application of confidentiality provisions?