Of course.
It's a very, very important bridge, because it will join all of the eastern part of the country with the U.S.A. A lot of trucks and cars will cross this bridge every day.
It is very important to remember that it's the only place in Canada where the country has three bridges within one province. We are replacing this bridge because the Government of Canada owns it. The Jacques-Cartier Bridge and the Champlain Bridge belong 100% to the Government of Canada, while only half the Honoré-Mercier Bridge does. Our portion of the bridge is almost completely renovated, and the other part belongs to the Government of Quebec. We are doing this work because it's a duty, but also because traffic on these bridges generates economic activity.
We took this work very seriously. On October 5, 2011, we announced a project with an estimated cost of between $3 billion and $5 billion. The call for tenders is under way, and we received the technical part in mid-February. We will receive the financial part by April 1st.
This project includes maintenance of the bridge over 30 years. We did what hadn't been done before. We took care of this corridor, which is extremely important for the economy of all of eastern Canada, the Maritimes and Ontario, since it will provide a direct link with the United States.