It was previously announced in June, so I'm curious. If you could provide those details, that would be fantastic. But $477 million is a fair bit of money for a project that was already allotted when the Prime Minister himself announced it in June 2017. The Canada Infrastructure Bank itself is part of the confusion. I think you're seeing a number of people investing in infrastructure who are confused about exactly what it does.
I had the opportunity to talk to the CEO yesterday, and it didn't help clear up much of this confusion. I leave that out there for you and your department, but it's certainly something we've been hearing from many stakeholders. If they don't fit within the three pillars within the Canada Infrastructure Bank, then it's essentially not a project for them.
I also want to talk about the completion of the Champlain Bridge. It's now been delayed a second time. You highlighted some of that in your comments. This time it's been delayed by six months. The mandate letter that the new minister received from the Prime Minister indicated that the previous minister had failed on the delivery of a number of these projects. It encouraged the new minister not to experience the delays that occurred under the previous minister.
However, we're here in the same situation with the Champlain Bridge delays. How much of that is essentially on Infrastructure Canada? You have blamed the strikes. You have blamed oversized equipment. I'm curious to know how much of that is on you guys and whether these penalties will be respected once the bridge comes to fruition.