In a previous incarnation of this committee in 2001, a recommendation was made that the federal government allocate $400 million over the next five years. I know we got $20 million per year over those five years and brought it up to speed. I have a couple of questions on that.
Was there any dredging component in the $400 million at that time? If not, how do you see these costs escalating?
I really appreciate that you're going to give us some numbers from your perspective. But when you look at budgeting for this kind of thing, how practical is it to do this in a five-year plan? We all recognize the human resource pressures of getting some of this work done. In reality, is it practical to say you'd spend an extra $100 million over the next five years? Are we going to be able to get the work done anyway?