It really has to do with who is responsible. We call it having skin in the game. In the situation of a P3, someone is putting in their own money, and they basically get rewarded by doing the job as efficiently and as quickly as possible.
I think we can all agree that very seldom have we heard of a project that was one year ahead of schedule. They marvelled at it; it was perfect—it came in on time.
It's a matter of motivating.
I've seen many projects in our city and other cities that have come in done the standard way. I'll give you an example in the City of Winnipeg. The floodway in the province of Manitoba came in $135 million over budget. It was done the standard way.
The reality is that you've eliminated any responsibility for the taxpayer to have to pay for any overages; that's what this is all about. Over and over again we hear of projects coming in, almost always in the public sector, that are those kinds of dollars over budget. You don't see that very often in the private sector, because no one else could possibly pay those kinds of bills.
The reality is that if you have the right people doing the job and they have their own investment, which they do, their reputation is on the line. But their money is on the line as well. That's how they get this done. And they get it done—I've given you real examples of successes.