Thank you for coming today. I appreciate it.
With your involvement with the standards department, I'm sure that once the government continues to move in this direction--as many of us around the table hope--you'll probably be busy with a few things in trying to explain to our bureaucracy how to account for a number of things.
I'm going to ask questions specifically with regard to capital assets. Obviously we have our heritage sites. We also have our parks. There are a lot of things that we, as a government, as the Canadian people, have every intention of keeping forever, with no intent to divest at any time. Is it common practice for these to have current market value? If so, obviously there's cost involved in trying to track that from year to year: the current property values, comparisons, and those types of things. How do you account for that? Or maybe different jurisdictions account for that. It's going to become one of the issues we're going to have to deal with.
If we try to maintain a current market value, there's obviously a huge cost involved in that, but if we don't, then we have a liability option for these things, and then, on the books, it looks like a deep hole that we continue to waste our money in.
There's a real balancing act there. I'm just wondering if there's a way, maybe in the standards, to get away from the high cost of having this on the books, but still have it on the books, so that it gives us a clear picture of what the current situation is.