Mr. Speaker, I thank the hon. member for Nepean—Carleton for his question. While no formal agreements have been signed as yet, I am pleased to report that the president is presently negotiating with all provincial and territorial governments and that these negotiations are on schedule, to be completed on or before the end of the year if not sooner.
I would also like to add that $2 billion levered with another $4 billion by our municipal, provincial and territorial partners will mean $6 billion will be available for municipal infrastructure priorities such as safe drinking water and waste management, which will enhance the quality of life for both rural and urban Canadians.