It would have to be taken as a one-time budget item that goes in to create the reserve. So if you had a $15 billion reserve, you'd actually have to take a $15 billion hit on the budget at some point?
On May 27th, 2008. See this statement in context.
On May 27th, 2008. See this statement in context.
May 27th, 2008 / 9:55 a.m.
Conservative
Mike Lake Conservative Edmonton—Mill Woods—Beaumont, AB
It would have to be taken as a one-time budget item that goes in to create the reserve. So if you had a $15 billion reserve, you'd actually have to take a $15 billion hit on the budget at some point?
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