Thanks. I'll be brief.
I keep hearing about this enormous cost of private sector financing. Again, I think you have to take it into the perspective of looking at that whole-of-life cost, because the reality of it is—as I said with that example of the Vancouver trade and convention centre—that the government borrowed $365 million more than it needed to, right? That was at a lower interest rate, at a lower cost.
As I said, I've wracked my brain against this problem for 26 years in the public sector, working with some of the brightest minds that I've come across—still—and you cannot replicate in the public sector what occurs on the private sector side of these projects.
I agree with you in that as a taxpayer I think there is a need to try to continue to improve those systems, but I'll tell you that after 30 years I can't think of a way that you can actually do it.
Thank you.