One of the most honest conversations I had a while back was with one of the municipalities in the GTA. They acknowledged that they had trouble getting their arms around the whole issue of self-driving cars and the impact on their cities. It's huge. It's multi-faceted. One of the things I find exciting is that it's going to affect virtually every aspect of our life—very literally.
I look back to the 20th century. It was 100 years ago today that Model T Fords were coming off the production line. We know by looking back how much cars changed lives in the 20th century—individual lives, the look and feel of our cities, the country, and the entire world. This is an exciting time for us because we have an opportunity now to witness cars 2.0. It's going to change everything all over again, with equal magnitude.
Very quickly, a while back, we did a project for the City of Toronto. I'll tell you a secret. Well, it's not really a secret; they know this. Before we started work, I thought that the biggest city in the country would have the most inertia. I was dead wrong.
The City of Toronto is inquisitive. They know that they have the opportunity to completely redefine the city of Toronto over the next 25 years. They are asking a lot of good questions. They don't have the answers yet, but they have established a city-wide committee to look at the impact of AVs, not only on transit and transportation but revenue, policy, zoning, and all the other parts of city government.
This is going to change everything. To try to get our arms around this in one hour is impossible, to be blunt. It's going to have a huge impact. I think we need to at least put the institutions in place, as my colleague was saying, to start to address this and have the conversations at all those different levels of government.