Sure.
In my opinion, the one-third, one-third, one-third model is the right way to go. I believe it is our responsibility, at all three levels of government, to address those kinds of challenges.
I would praise the federal government for balancing the budget. I think that's hugely important. I think it now allows investments to be made that can address the big challenges facing the country. I do happen to think this is one of them.
As municipalities, my quick example—because you asked about effects—is that we just built a couple of bridges over our Lakeshore Drive that are oversized, because the stormwater flows, according to our conservation authority, have pretty dramatically increased. Basically, the modelling said that you have to build them 30% bigger than you used to. There was a $6-million price tag associated with that.
That's the kind of effect it's already having on our capital budget.