You're quite right. To be fully transparent, one of the benefits of being a crown, working within the policies set out by the government, is that we reach an agreement with the federal custodians on the market value of the properties. We sign a promissory note. We make an upfront payment, but we don't repay the promissory note until we're in a cash-positive situation, so there's less risk for us than there would be for a private sector developer.
It stems from the concept that the government realized that it could sell the property once and get an increase in value, or it could have an organization like ourselves do the development to get the uplift that benefits the taxpayer. In consideration of the latter approach, we do get a bit of a cushion that protects us.