Not at all. We feel that we can compete. We feel that there's benefit in being able to have that kind of competition at the local level.
I want to address your question about property values. Just before coming down here, I did check, and currently the average price of a single family resale home, as of the last quarter of last year, was $383,000 in Toronto. It was $204,000 in London. I think one of the benefits of high-speed rail is that it gives people the opportunity to enjoy a higher quality of life within something similar to or better than the commute they face now, without having to pay the high cost of living, for example, in the GTA or the greater Montreal area. It helps our regional economies survive.
We all suffer, when we're outside those growth centres, in some sense, from a hollowing out of our communities. Creating those opportunities not only helps the hubs, it helps the smaller communities that feed into those hubs, because it brings them closer to opportunities and jobs as well.