Thanks for your question.
We were, I think, the first project awarded money by P3 Canada, and we're very pleased about that. In fact, we're going to open the bid this Friday to start the construction.
I'm not sure whether P3 Canada is very well known in the community. For us, we've discovered it, but I think it was created in 2008 or 2009. I think the contribution of the federal government is a maximum of 25%.
The way it's structured is that you have to build a business case. You have to examine the way in which you will execute the construction, and by doing that you're examining the whole spectrum of PPP. It shows you that you can create value. You can mitigate your risk. You won't have cost overruns or surprises in terms of how you realize your project.
So we did the exercise with P3 Canada, and we were very pleased with the way it went. In fact, we filed for round three. It's under review at the moment, and we hope we can be successful in round three.
We've very pleased with the way the government has structured P3 Canada. We encourage you provide other money for P3 or to create other funds that could be dedicated to specific things, such as public transit.