Thank you, Mr. Chair.
Welcome, everybody. Good morning. I'll try to get to a few of you here.
To the FCM, thank you for your presentation. I would like to read one of the sentences from it:
The government has delivered historic levels of investment and engaged in unprecedented dialogue with local governments. The past three budgets have forged new tools like the Investing in Canada Plan and the National Housing Strategy, and municipalities are delivering transformative outcomes for Canadians with these new investments.
I take that to mean that PTIF 1, the public transit infrastructure fund, and now PTIF 2 are working well for municipalities, and the relationship between the federal government that I'm part of and the municipalities is constructive and working well for Canadians. Is that correct?