Just for clarification for those not from the GTA, the issue is not whether the 407 works well or whether it doesn't work well. It does work well, and if you have $15 in your jeans you're perfectly fine. But it drives people who don't care about $15 to the 407 and leaves everybody else driving on the 401, when there should be some more equitable distribution on the two roads.
Anyway, that's not the question I wanted to ask. The issue is with respect to P3--and Mr. Wallace was getting into the core of the issue--if the Government of Canada is going to participate in infrastructure funding. It's reasonable to assume that for the next several budget cycles the government is broke, but one way or another, they're going to have to deal with that reality. There's not going to be too much money available unless you get some innovation with respect to financing. P3s are an obvious way to get innovation.
The core question is--and Mr. Wallace hit on it--the issue that the government, when it expenses everything, it's cash, as opposed to life cycle financing. As part of your discussions, have you had any discussions with the folks at P3 as to whether that accounting methodology with respect to the government's contribution to P3 could be changed from cash to life cycle?