Thank you, Mr. Chairman.
Thank you all for your presentations. I was impressed by the fact that ultimately, you were all asking for long-term commitments in slightly different areas. What you really want to know is what to expect in the future, in order to facilitate investment.
In my riding, they build subway cars, and I know that when it comes to urban transit, in both urban areas and elsewhere, it is important to know where we're headed. The economic impact is significant.
Ms. Williams, in your second recommendation, you talk about “establishing direct investment in the nation's public transit systems as a permanent program”.
Can you explain what the impact of such a decision would be on the transit industry and how the situation would be any different from now, where business waits to see, depending on whether it's a good or bad year, if it can invest?