Thank you for coming again, Mr. Cory. It's nice to see you again. You're becoming a permanent fixture here; it's good to have you back.
I want to ask you a few questions that are related specifically to the Lake Erie connector project. By way of background, we know that, in April 2021, the Liberal government and the Canada Infrastructure Bank announced their partnership with Fortis, a private company that makes billions of dollars in revenues every year. The plan was to build a new underwater transmission line, promising tonnes of low-carbon energy, billions in GDP and hundreds of jobs for Canadians. Had the project been viable, it would have brought jobs even to my community of Haldimand—Norfolk.
The bank offered Fortis, through its subsidiary, a $655-million investment loan, and I understand that the project was cancelled or has been suspended. Even though no official work began on the project, the CIB managed to spend close to a million dollars on bonuses, and that was largely spent on consultants and lawyers.
My first question for you, Mr. Cory, is this: Where did the $900,000 of taxpayers' money go?