That's a significant amount. You can almost view that as a cut in infrastructure, because it's money not being spent and not going to much-needed projects. That sounds like a very significant amount of money being cut from the infrastructure funding envelope.
If I could now turn to the blog post today, we just heard testimony from Mr. Cory from the CIB. He maintains there is private sector money being committed to these projects. Specifically, he pointed to the REM project in Montreal and the Alberta irrigation project.
Would you like to explain how it is that you stated in your post that there is no private sector investment when Mr. Cory claims there is?