Thank you very much, Mr. Chair.
Welcome, Mr. King. Congratulations on your new position.
My first point is just a bit of follow-up on Kitsilano. Whatever takes place in the government, it's not the departmental officials who make the decision. Am I understanding this correctly, that you're giving.... It's the government that decides what takes place. Now, you might give suggestions, but there's a dollar figure given to you, and that's what you have to operate under. Am I understanding correctly?