Thank you, Mr. Chair. Thank you to our witnesses here today.
I have two questions. One will be for you, Mr. Hanrahan.
You obviously have some of the larger ports represented here and talking about economic development. What does Bill C-23 mean for smaller ports—say, for Windsor, Ontario, or for Hamilton, or ports like that?
Secondly, the question I want to ask the bigger ports here is this. It seems that in order to capitalize on the economic expansion you need to do, there are currently two hindrances. One is access to the significant federal funds that are available, whether it's the billion dollars of Asia-Pacific money or $2.1 billion for the borders and gateways initiatives; and the second obstacle is the ability to access more private capital.
The question for you is, could you have moved ahead on some of your projects more quickly had a bill like this been in place months ago, years ago, or whenever?
I'm getting to a timing issue here. If we delay this, is that going to mean a problem for you? Could you have moved ahead more quickly? Because those two obstacles are clearly going to be removed by a bill like this.
Those are my questions.