You are talking about a specific part of the equipment. I want to be clear, Mr. Simard. Regarding the AP60 technology, I looked into the issue again recently and I can tell you that for a very large majority, we are working with suppliers from Saguenay—Lac-Saint-Jean and Quebec. When we have finished installing the AP60 pots, the portion of the $1.4 billion allocated to spending in Quebec will be considerably higher than 50%.
When we make investments like these, we also have economic and budgetary constraints. As well, Saguenay—Lac-Saint-Jean is not capable of providing all of the equipment we need.
Regarding the situation you spoke about, which represents only a small part of the project, we have in fact had economic concerns in terms of sticking to budgets. We must not forget that we have a duty to create value for shareholders. For some particular equipment, that may mean that we look outside Saguenay—Lac-Saint-Jean.
I would reiterate that at the end of the project, the percentage of the equipment that will be supplied in Saguenay—Lac-Saint-Jean will be very considerably over 50%.
Since I arrived, six months ago, a lot of Quebec suppliers have come to see me, first, to get to know me, but also, second, to tell me they are pleased to be working with us in Saguenay—Lac-Saint-Jean. They tell me they want to work more with us and preserve the excellent relationship we have. I would say that this is one of the positive surprises I have had. You can ask STAS, EPIQ Machinery, Groupe Alfred Boivin, Charl-Pol, or all the other companies we work with. I believe we are completely integrated into the local economic fabric.