The need to invest in infrastructure arises from the lack of investments, as well as the growing infrastructure deficits that our communities have experienced. In having conversations with our partners, what they told us is, let's design this plan in partnership. Let's sit down and understand where we need to invest and how we need to invest, and then, through that collaboration, come up with a plan.
That's exactly what we have done. It's been two and a half years now and phase one is making a real difference in the lives of Canadians. In phase two, where there are long-term plans through bilateral agreements, trade and transportation, or the Canada Infrastructure Bank, we see an opportunity to undertake projects that will actually transform how people look at their communities. This significant amount of investment will allow them to think big and will give them that certainty. I'm very proud of where we are today, and I'm looking forward to the future and how we can continue to build on this strong foundation that we have laid.