Abolish the Canada Infrastructure Bank, House Committee Tells Government

Construction workers on the site of the Réseau Express Métropolitain (REM), a major public transit project, in Brossard, Quebec, on May 11, 2020. The REM is a major infrastructure project partly funded by the Canada Infrastructure Bank. Paul Chiasson/The Canadian Press

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.