Thank you, Mr. Chair.
Hello, ladies.
I'm going to talk to you about the Quebec City tramway. In 2019, the Prime Minister announced in Quebec that the federal government was allocating $1.2 billion to the tram project, which was then estimated at $3.3 billion. In fact, we know that the federal government had assessed that the ridership of the Quebec City tramway was not sufficient to justify the investment of this amount. About $500 million was therefore given directly to Quebec City and an agreement was made with Montreal to take $800 million from Montreal to make up the shortfall.
Now, the Quebec government has made a request, as a cost overrun of $500 million to $600 million is already expected. Do the 2019 conditions based on projected ridership remain the same or are things different now?