It was a statement you made earlier, and I just want to clarify.
We were not aware of that meeting, because it did not involve departmental officials. Even from the reports in The Globe and Mail it was clear, from what I read, that it was members of the minister's office and members of the Prime Minister's Office at that initial meeting. There were the two subsequent meetings with departmental officials, which I described, and then the third one with the minister's office.
As to whether we raised the question about Rosdev in previous discussions, we were asked on a number of occasions by this committee how we were going to deal with the property management by Larco, the new owner. Because of lessons learned from situations like Rosdev, the documentation has been changed and updated to ensure that we have control over the property management agreements.
There's a great deal of due diligence going on so that Larco is able to prove that they have the capacity to manage these assets. We have not, as of yet, turned any assets over to Larco for property management. There's agreement that the current property management company would stay in place until April 1, 2009, until such time as Larco is able to demonstrate the ability to manage the assets. We're doing that due diligence right now.
Also, the documentation between the parties is extremely clear in terms of remedy situations and remedies that exist, which were very much missing from the situation with Rosdev.
So we used our lessons learned from the Rosdev situation to better the documentation on the sale and leaseback initiative we undertook.