Thank you, Mr. Chair.
I'm still speaking to the people from the Federation of Canadian Municipalities.
You talked about various scenarios for reducing emissions and the importance of doing so. Just a few days ago, your president, Ms. Bligh, was here to talk, with Mr. Carney and others, about public transit funding, which was cut by $5 billion. You said that this led you to compete with the provinces and territories for funding that would normally be allocated to public transit.
Can you talk a bit about how you view the importance of that funding?