I forget the exact formula for funding per student for transportation, since it was amended last year, but I will give you an example. I have students who have to take the bus for an hour or an hour and a quarter to get to their high school. They leave Sudbury East at 6:30 or 7:00 in the morning to get to Sudbury itself, in Greater Sudbury. For anglophones, on the other hand, students travel by bus for a maximum of 30 minutes. That is one of the situations that makes it difficult to recruit and retain our students in our French first language schools.
Obviously, we are all part of a transportation consortium. In the Greater Sudbury region, for example, four adjoining boards belong to a consortium, and we are in the process of renewing the contracts with the school transportation vehicle operators, which should be done within two years. My colleague from Ottawa recently saw contract costs rise by between 25 and 46%, which would be attributable to the increased cost of insurance and fuel and the challenges involved in recruiting school bus drivers, in particular. When we add up several factors like that, obviously, it is the school boards that have to absorb the associated costs.
French first language school boards are recognized for their wise financial management. I am proud to say that I represent one of the only French school boards in Ontario to have a budget surplus at the moment. It isn't a huge surplus, but we have pretty impressive reserves. The government is taking a close look at our reserves. They are talking about financial accountability. Having reserves will certainly make it possible for us to build schools in the future, for example, but we still want to take a prudent financial approach.
There is one other very important factor I would like to highlight. Often, the way construction projects are awarded is not equitable. For example, for one year, in my 20,000 square kilometre large territory, two contracts, or two potential contracts, will be awarded to our anglophone counterparts, while francophones receive only one. But we want our piece of the pie. We want to be treated equally, so we are able to serve our communities and respond to what parents request.