No, that would not be correct, Mr. Chair. I would like to be very clear on this.
In November 2007 the government announced a review. Upon launching this review it hired financial advisers. The financial advisers provided confidential reports to the Government of Canada. These reports are commercially sensitive, because they involve estimates of the value of some of the assets and so forth.
In announcing the next steps in the restructuring, the government did want to provide a sense of the conclusions of that review that would be a document that would be suitable for broader communication and that would not, therefore, have any market impacts, if you wish, and not divulge any of the confidential information contained in the National Bank report.
So it's not that we sat on the reports for four months. We actually had to analyze those reports and come to conclusions with the minister, who then announced that we were moving forward with the restructuring, and at that time it was a good time to publish the summary of the announcements.