Mr. Speaker, I would like to congratulate my colleague on his speech.
He painted a very clear picture of what is in this budget, which will help just a small percentage of Canadians—the wealthiest 15%, who do not need help—even as the middle class is having a harder and harder time making ends meet.
I know that public transit is a very important issue to my colleague, the member for Beaches—East York. I represent a riding that is pretty much a suburb, but we have a growing need for public transit too.
The budget addresses the urgent need for investment in public transit, which the NDP brought forward. However, it involves public-private partnerships. I see problems with that funding formula.
I would like him to comment on that and explain what it means for him and the city he represents.