Thank you.
This is for the folks from FCM. Part of your initial presentation was to the effect that with a $100-million floor for P3 projects, rural and smaller municipalities generally don't ever go that high, so they don't have that problem of having to go through a P3 screen.
But you said that P3s are not generally an efficient way for them to do business anyway in the rural areas. That in turn, then, means that there's $2 billion of federal infrastructure money that's really not available to rural and smaller municipalities.
Am I correct in that assumption?