With respect to model 3, today we bring the main estimates, and the supply bill comes forward. Within each department there is a long series of votes, some of which are capital votes. With any entity that has more than $5 million of capital expenditures, there is a capital vote. What this would mean is that, instead, we would have two kinds of capital votes. There would continue to be, as there is today, an expenditure capital vote. Under model 3, there would also be a capital vote in respect of the amortization on the assets that exist on that entity's book. Departments would be voting twice on capital assets, existing and new, obviously with a different timeframe in terms of moneys to be spent and moneys that have already been spent and are essentially providing services--capital assets providing services.
On November 7th, 2006. See this statement in context.