Government Operations Committee on March 20th, 2007

[Garth Turner, Conservative, Halton, ON]

Okay. I'm interested in trying to find out what we do know. So we don't quite know who's actually putting the ad in the paper saying, buy my building. Right? We don't know that yet, whether it's Colliers or whoever it's going to be.

[James Moore, Conservative, Port Moody—Westwood—Port Coquitlam, BC]

No, Public Works does it. BMO will do it as well.

[Garth Turner, Conservative, Halton, ON]

BMO is going to be the sales agent.

[James Moore, Conservative, Port Moody—Westwood—Port Coquitlam, BC]

Yes. They'll be involved with the marketing as well, with the Royal Bank.

[Garth Turner, Conservative, Halton, ON]

Okay, that's what I didn't understand. That's the question I had previously: who is actually selling the building?

[James Moore, Conservative, Port Moody—Westwood—Port Coquitlam, BC]

How about this? I'll send you the transcript of when the Minister of Public Works was here and went over this for two hours.

[The Chair, Liberal, Diane Marleau]

By the way, the minister will be here again on March 29.

[Garth Turner, Conservative, Halton, ON]

I don't mean to be tedious.

[James Moore, Conservative, Port Moody—Westwood—Port Coquitlam, BC]

I understand. But it's all on the Department of Public Works website.

[Garth Turner, Conservative, Halton, ON]

Okay. If there's a simple answer, I'd like to get it.

What's the commission?

[Mary Chaput]

That's part of the deal that PW has with the banks.

[Garth Turner, Conservative, Halton, ON]

Can we go over that? What's the commission? We don't know the commission?

[Mary Chaput]

I don't know that to be public information.

[Garth Turner, Conservative, Halton, ON]

Is it going to be?

[Mary Chaput]

I don't know, sir. I don't know how the contract will be treated from an ATIP point of view.

[Garth Turner, Conservative, Halton, ON]

Can we find that out?

[A voice]

Are they public tenders?

[The Chair, Liberal, Diane Marleau]

As I said, we'll have to ask the minister when he comes here.

[Garth Turner, Conservative, Halton, ON]

I mean, they're our buildings.

[The Chair, Liberal, Diane Marleau]

Yes, they're our buildings.

[James Moore, Conservative, Port Moody—Westwood—Port Coquitlam, BC]

As I understand it, there is not.

[Garth Turner, Conservative, Halton, ON]

There is no commission?

[James Moore, Conservative, Port Moody—Westwood—Port Coquitlam, BC]

It's part of the contract, because BMO and the Royal Bank were hired to do the appraisal of the buildings. There were 40 buildings that were examined, and nine were decided. This is now in their contract, including the marketing.

[Garth Turner, Conservative, Halton, ON]

What do we pay the banks to do this work?

[Mary Chaput]

What do we pay the banks today? I don't know.