As my colleague Mr. Laberge said, our infrastructure is aging. We need to maintain it, create new infrastructure and make technological changes at the same time.
Certainly, port authorities need diversified revenue streams. Just as an example, the port of New York-New Jersey generates $27 million a day from tolls on a bridge that was built to help the port of New York. That is not at all our situation when it comes to revenue.
I want to emphasize that, if we also want to improve resilience, we need to repatriate supply chains to Canada. When your supply of fruits and vegetables goes through Philadelphia, for example, between Philadelphia and consumer centres, be it Toronto, Montreal or any other region in Canada, others can make decisions that will increase costs.
Why aren't we repatriating supply chains right now? It's because we prefer to pay a little more to have more resilience or better performance.
I want to emphasize that. For example, the state of Georgia alone has invested $4.2 billion U.S. in its port infrastructure, and it's not a coincidence that it has been able to develop a significant manufacturing industry. Why is that? It's because there's less risk in the system.
