Yes, I think it's critical. The municipalities, as you know, are prevented by provincial legislation from running deficits, and they can borrow for capital but not for operating. There are real financial limits there. The Canada community-building fund is a very efficient, effective tool that transfers money directly to municipalities based on population, and it's predictable, so municipalities can plan for it—as I mentioned earlier—which is one of the chief benefits of that program. That is certainly a way that we can take some of that local financial risk and spread it out of individual communities.
On May 4th, 2023. See this statement in context.