Thank you.
The second risk question I have is this.
There is a risk, obviously, of project cancellations, delays, or reduction in scope. Under the initial RFP, those risks were assumed by private enterprise. Since then, that has been renegotiated, and there has been a transfer of risk of a half a billion dollars from the private sector to the taxpayers. This was raised by the Auditor General. He commented that there was inadequate clarity to avoid that kind of extra assumption of risk by government.
First, is the risk perceived to be higher than it was when the RFPs were being negotiated due to budget cuts?
Second, why would the government voluntarily assume a half a billion dollars of risk that the proponents had already assumed in their bids?
Third, are there contingent liabilities in the books for this potential half billion dollar cost to the taxpayer?