Mr. Speaker, I appreciate the member's comments, but I do not agree with him. If the intent of the legislation is to be clear on the limitation of funding, the legislation should clearly state that and not leave it up to the board of directors.
Regarding the fact that some projects may require 100% funding, such as projects that would be under the purview of hospitals and universities where limited funding is available from other sources, they would still be available for funding under the agreements I have listed.
Although I did not add them up, there was somewhere around $3.5 billion or $4 billion worth of additional government funding available from other projects. In no way would any good project need to be turned down on the basis that it could not be funded 100%, because there would be funding available from other sources which could take up that other 50% or 75% that may be required.