Thank you.
It is indeed a challenge for all port authorities in Canada, including the Port of Trois-Rivières.
Our borrowing limit is $42 million. As I said earlier in my presentation, we are currently working on a portfolio of projects with a value of $350 million. Under its previous plan, the Port of Trois-Rivières had already made substantial investments. Those amounts have been mostly recouped thanks to the growth we have seen, but it is a challenge nonetheless.
We have not mentioned this thus far because we were a bit short on time for our presentation. The fact is that we need to work to increase our borrowing limit. The port projects we are working on do not have any profitability challenges in general. Rather, the challenges relate to funding, owing primarily to our borrowing limit.
It is unfortunate that port authorities' borrowing limits cannot be adjusted quickly in keeping with the profitability of the projects presented. In other words, ports are essentially judged on their past financial achievements to establish borrowing limits for the future.
We would like greater weight to be given to the projects presented and the profits they will generate, and for the borrowing limits to be adjusted in accordance with the quality of those undertakings.