Mr. Chair, my question is for Mr. Guilmette.
Mr. Guilmette, early on in the bank's evolution, it pursued a pilot project in Mapleton, Ontario, that sought to privatize the community's drinking water and waste water. I can assume that since it was characterized as a pilot project, the bank wanted to learn something that could inform future such projects. Obviously, it is a controversial proposal to privatize what traditionally is public infrastructure.
That project didn't go ahead. In the end, the community assessed the risk and the value to residents and decided against it, and was stuck with a $300,000 legal bill as result.
What did the bank learn from that pilot project?