Certainly infrastructure is almost always a good thing to invest in. It's a key ingredient in our economic growth story. Upgrading it or modernizing it can only add to it. If that infrastructure development requires borrowing money, with interest rates at truly a generational low, we're in a position to borrow 50-year money at very low rates, so all the conditions are very favourable. As well, the private sector, as you suggest, has capacity. We have a lot of ingredients there. The missing ingredient is probably the uncertainty that I mentioned before. For all types of investment, whether it's buying a new machine or just expanding your plant or it's building a bridge that will be a toll bridge or something like that, what the future will bring is a question mark. That high level of uncertainty drives a wedge between the positive decisions, those investment decisions, and what you might expect to see, just because prices are low.
Most of what you say I can't disagree with. It's totally right. I think to the extent that there is a failure of the private market to build infrastructure, it's usually for a very good reason: public participation is needed, hence the P3 model, which is great at some ends and less able to do it at other ends. But in general, the whole sense of infrastructure is very active. I was at a conference yesterday at which there were 1,200 people interested in infrastructure. There's definitely a very strong business sector at this stage in Canada.