As a result of renewing real property, we propose to save the government $1 billion over five years. We intend to achieve this at a lower cost to the government by reducing the size of our investment fund. The study is in the works right now, and we expect to have the information from it before the end of the calendar year. We expect that none of the reductions we're doing now will further deteriorate the inventory of PWGSC. In fact, by using the advice of investment bankers to support us, we'll derive a better benefit for the delivery of real property for PWGSC and the Crown.
On November 2nd, 2006. See this statement in context.