Thank you, Mr. Chairman, for that opportunity. There certainly have been challenges with this project right from the get-go. There have been issues with contractors, challenges with the design that didn’t meet the code. The challenges have been ongoing and I’m not sure if this is what we expected in terms of scenarios. It’s certainly not the one we wanted to be in. However, having said that, we have right now a $15 million cost overrun that we have to accommodate and repay. Now we have to take on this onto our borrowing that will potentially have an impact on our borrowing limit.

I’m quite happy that some of the issues that we’ve been challenged with we’ve been able to resolve. For some time we’ve been dealing with issues on this project. Our staff has worked hard to deal with them and we continue to do so. This time around with the challenges we’re facing on the borrowing limit, we have a way around it. The Finance Minister and the Premier have talked to the federal people and they have indicated that they will give us some relief. I guess that’s refreshing to hear that we can work our way around it.

There is still potentially a lot of room in our budgets when we come to the five-year point. I know that’s a concern for a lot of Members, but we have to look at it from that standpoint of what’s realistic and where we are.