The order in council created the agency in Vancouver, and we are proceeding with spending of resources for the fit-up lease and equipment for the agency, so when the board and the president are named, they will be able to occupy the space and begin commencing those expenses. Any funds that are left over once the board is operational, that is, surplus to what is required for the year, will be returned to the consolidated fund.
On November 23rd, 2006. See this statement in context.