Thank you, Mr. Speaker. I'd like to give some background as to this matter. The original contract, or the contract that was entered into between Virdi Power and the Power Corporation, was in 2015. That original signed contract for was $3.4 million, and that's United States dollars. It was later increased to $3.6 million when a tie breaker module was added under a change order. Now, of course, we did not receive the generators on time. In fact, they were almost two years late. I did mention earlier in this House that had been a pre-payment, an initial progress payment to the corporation. That in American dollars was $962,500, which approximately is $1.2 million CAD. I mentioned the change order for the additional equipment. That was $176,500USD, which is approximately $238,000CAD.

Upon the delivery of the three units, there was a bill sent by Virdi Power to the Power Corporation of $1,468,000. From that was the deducted $943,000 USD. This money was deducted because of the delays which were caused by Virdi Power. There will be costs going forward. As Members likely know, we have entered into a new contract with a Canadian supplier to receive the last two generators. As to whether we can recover that money from Virdi Power, we are looking into that. It is a complex matter, including, if there is litigation, where litigation would be conducted, in the United States or in Canada. This has been a difficult project, but I believe we're back on track. Thank you, Mr. Speaker.