Thank you, Mr. Chair. First, I just want to clarify the $93 million, because there's more information in that than just the MMI conversation that we were starting with when we were talking about some of the challenges. That $93 million also includes projects that are in progress. Because many of our new construction projects do take two years to complete by the time we ship, stage, you know, and get the project installed. So it's quite normal for us to have a carryover related to projects that are in progress.
The other big part that impacts the surplus this year is some of the federal funding that we received for two Yellowknife projects, the 50-unit build and the 36-unit renovation, both of those projects, the money came in partway through the year and so those projects -- again, we received the money upfront, but the projects are actually scheduled for completion by March of 2025, I believe it is, so that money does sit to be able to finish those projects but we did receive the full allocation upfront from the federal government for those projects. So the $93 million surplus looks quite large but in reality, it is cash flowing projects that we have underway throughout our capital plan. It isn't all because of delays in contracting and things of that nature. And also just we do track cost of construction through a number of sources, and we test some of that with some of the local tendering just to make sure that our prices are falling in line with what the market is doing and look for opportunities to reduce those costs wherever possible as well. So our staff are quite good at trying to make sure that our budgeting is realistic to what work we have to do. Thank you, Mr. Chair.