Thank you, Madam Chair.
You know what they say about a little bit of information, especially when it comes to accounting information.
First of all, I want to thank you for your presentations. I also appreciated getting the information from the Library of Parliament. It was very helpful for someone like me who does not have an accounting background. We want to keep it simple.
It was helpful for me to understand, from the background notes we got, how accrual accounting could help with respect to real estate purchases and to making better decisions for the long as opposed to the short term. I thought that was helpful; I think I'm getting the examples you've offered here.
One question that comes to mind around liabilities of the government concerns the issue of pensions in the public service. Can you explain to us what the difference would be between how the pension obligations of the federal government for the public service are accounted for today and how they might be accounted for under accrual accounting?