I appreciate that clarification, because to suggest otherwise I think misrepresents the success of this endeavour to help Canadian cities. This is a tremendous infrastructure investment. This $12 billion is the largest investment in infrastructure on a one-time basis in Canadian history. I think it's something municipalities are excited about, and they are certainly eager to take up the offer.
The challenge in past infrastructure programs has not been municipalities' unwillingness to partake in these; too many have been ready to. There are usually two to three times the number of applications as there are funds. So the question was how to handle this, and the answer was to invest more money in it, not to make a statement that municipalities weren't interested in cost-sharing. I think it is unfortunately a way to obscure the success of this stimulus. I think there's going to be tremendous interest among municipalities to be involved in this, and I'm excited about the projects that will be undertaken.
On the topic of this low-interest financing, that was dismissed as well, and I thought it was important to note that this, from what I understand, came out of a resolution proposed by municipal councillors at the most recent Federation of Canadian Municipalities conference. Could you comment on where that originated? Is my understanding correct that this was proposed by municipal councillors?