Very quickly, I just want to draw your attention to the fact that the fiscal cycle is based on three pillars.
The first one is the fact that the budget is typically released before the start of the year. That is followed by the tabling of the estimates 12 sessional days after the budget. Both of these documents are on the same basis in terms of the numbers, and you can cross-reference between the estimates and the budget quite easily. The third pillar is the public accounts, which provides what actually happened.
You have the planning document. You have the appropriations authority. Then you have the final step, showing what actually did occur as part of the public accounts.
The rest of the pieces on that diagram show you that throughout the year there are interim updates that are provided to Parliament in terms of finances. The first-quarter finances, which are basically a simple update and mirror the fiscal chapter in the budget, are provided by August 15. Then the third-quarter finances are released by February 15.
The last piece I want to draw your attention to is what we call the Ontario economic outlook and fiscal review. That, in some instances, can be almost a mini-budget, and it provides not only a financial update but also key policy updates that have fiscal implications. It's usually the mechanism by which the government may signal course corrections or changes in terms of its fiscal plan.
I want to end by underscoring the deputy's point that the synchronization between the estimates and the budget relies on a very in-depth collaboration between the two organizations, to the extent that we are present at Treasury Board meetings and follow throughout the whole process. It is very integrated. It is not a relay sort of arrangement, but an arrangement that takes place together throughout the whole year.
Thank you.