The majority of the funding for the Canada Infrastructure Bank is committed funding. It's notionally earmarked for something, whether it's in the early stages of negotiation or closer to a final project at this point.
One finding that we've made in the past with respect to the Canada Infrastructure Bank and other infrastructure projects is that there can be a lot of uncertainty between the initial announcement or something that's worked out at a high level, and actually having shovels in the ground and getting the work done.
I'm not an expert; I've never worked for a municipality on infrastructure projects. I think that's normal.