Mr. Speaker, I can assure my hon. colleague that this Conservative government remains very concerned about and committed to the revitalization of Toronto's waterfront. That is why this Conservative government invested $500 million, as did both the provincial and the municipal levels of government. This funding has resulted in significant improvements, including modern housing in that part of the city, parks and play areas.
We continue to have productive conversations with the city of Toronto with respect to next steps, including dealing with the importance of flood mitigation.
I might also add that all Canadian municipalities, including the city of Toronto, have access to unprecedented levels of federal funding for infrastructure in more ways than ever before. Through the new building Canada plan, Ontario will benefit from more than $11 billion in dedicated federal funding, including more than $2.7 billion under the new building Canada fund and an estimated $8.12 billion under the federal gas tax fund.
While Toronto can count on its federal allocation through the gas tax fund, which has largely, as my colleague knows, been directed to public transit on the wish of the officials of the city of Toronto, we would be pleased to consider investing in other projects that the city deems important and that the province identifies as a priority.
Our government is committed to creating jobs, promoting growth and building strong, prosperous communities across Ontario and across this great country.