They are successful in those two jurisdictions because they're able to use public funding—Bruno talked about this a bit—and leverage it for private funding. In other words, they multiply the good of government funding by engaging the private sector to build infrastructure, to fund it and to get it done faster.
That's in essence what it is about. It's a very complicated process, so you can understand that when we were standing up the Infrastructure Bank in Canada, we had to make sure that governance was first and foremost in all the building activity we did. We had to make sure that we had the right constructs and filters so that when the independent board was faced with a recommendation from the investment group, they were comfortable that all the due diligence had been done around it.
I think in the other jurisdictions you see that to this day, and it also shows you the excellent co-operation between the public sector and the private sector in working on the same mandates and the same objectives.