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Public Accounts committee  We didn't have any numbers because, again, the impact of removing the tolls is all being negotiated. As of right now, no, we don't have any plans to come back and revisit this piece of work. That's not to say we couldn't, but right now we don't have any plans to.

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  Again, as the deputy said, it wasn't part of the compensation for the department. The impact of the reduced revenue is an impact on the government's fiscal framework. The impact on the contract is the fact not having tolls will cause more traffic on the bridge. The private partne

June 7th, 2018Committee meeting

Michael Ferguson

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  It wasn't entirely due to the strike. We indicated—

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  In paragraph 4.75 of the report, we explain that the $235 million was broken down into two items: $63 million for the settlement of all existing claims related to transportation and $172 million for additional acceleration measures. The second item may include the impact from the

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  The estimate was based, not on our analysis, but on that of the department. We simply referred to the department's finding further to its analysis of the impact of the change. I will ask Mr. Le Goff to provide further details.

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  That's actually something the department has to negotiate with its partner. It has to determine what impact the change will have on the contract. That means we can't speak to the impact, which has to be negotiated with the partner, and I believe those talks are still going on.

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  I would repeat that that is why we stressed the importance of the life-cycle management of an infrastructure asset as important as the Champlain Bridge and of a clear understanding of the severity of the condition of such an asset, including its degradation. Of course, we noted t

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  It was probably in 2013. That was when the decision was made that a new bridge had to be operational by 2018. Therefore, it was first necessary to have a real indication that the construction schedule for the new bridge was very tight.

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  In the course of the report that we produced, you'll see that we did a special examination of the crown corporation JCCBI, I believe in 2003, and at that point we indicated that it did not have a financial indicator in place that would have compared the cost of maintaining the br

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  I'm going to ask Mr. Le Goff to provide those details.

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  In these kinds of situations, it's never easy to follow all the evidence. I can say, though, that, at the time, JCCBI indicated that it was necessary to begin planning the construction of a new bridge so that it would be operational by 2021. JCCBI stated that it was necessary to

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  Once again, I will start to answer and then ask Mr. Le Goff to add more information. When it comes to PPPs, I think that what we should learn from this situation is the importance of carrying out a comprehensive analysis using hypotheses based on the right information, an analys

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  We didn't look at that.

June 7th, 2018Committee meeting

Michael Ferguson

Public Accounts committee  Thank you. I will begin to answer, and then Mr. Le Goff could provide you with more details. We stated that the assumptions used to analyze this project had some shortcomings. We examined certain aspects of that analysis. By using more realistic hypotheses, a better way to hand

June 7th, 2018Committee meeting

Michael Ferguson