Thank you very much for the question.
“Every project has nine lives” is a more eloquent way of stating my earlier points, so I appreciate that.
What's interesting, of course, is construction projects in this country went through a significant challenge in and around the time that this project was suspended due to cost escalation. Committee members here would know better than anyone what has happened with regard to the tightness of our labour markets and global costs of materials, whether it's steel or concrete that went into these projects. There have been huge increases.
There's a trend I could point out, and it's true for the Lake Erie connector and for sure it's true for the Whapmagoostui hydroelectric project. Between the time the idea was launched and there was an alignment between parties and we signed a term sheet, between then and final investment, what happened in those cases was significant cost escalation.
To Dr. Winfield's earlier comment, it's much better to discover that in the due diligence phase than to discover it later.
The reason those projects have nine lives and are suspended is that the underlying rationale for them remains very strong: The need for new sources of clean power in northwestern Quebec didn't go away, and the need for better transmission connectivity between Canada and the U.S. did not go away. In the long term, the project still has real viability, in our view.