Good morning gentlemen. Thank you for being here, even though it's a little early in the morning in some parts of Canada.
I listened to you attentively. You aren't the first witnesses to appear before our committee of course, and we are always pleasantly surprised by our witnesses' expertise. Thank you for that.
I see a common thread in all of this. We talk a lot about risk transfer, borrowing power and the interest rate. However, whether it's a PPP or not, the private sector always builds the infrastructure or provides the service. In other words, whether we opt for the traditional model or a PPP, the contract is signed with a private company. Therefore, should we not be focusing more on contract evaluation?
Perhaps it's not necessary to enter into PPP contracts, although I am open to the idea. Furthermore, maybe we should look at the way in which these contracts are managed. That might be the key to optimizing public investment in these projects.