Mr. Chairman, we do a very careful analysis of building versus leasing. It is something that is front and centre in the analysis we do. We look at the best option in each case. As the Auditor General pointed out in her report, we do a very thorough analysis.
On the situation in the JDS case, for example, we did an analysis of what it would cost to build. This was a unique situation in which a very expensive building had already been built by the previous owner and then was abandoned. It really became available at a very low price.
When you build, it's not necessarily always cheaper to build, but sometimes it is. We have to look at the whole life-cycle costs, the mid-life fit-up that is necessary, and all of the costs over 25 years. We then discount it to present value and see whether there is an advantage or not.
When we do the analysis, we sometimes recommend buying and we sometimes recommend leasing. It can also be a lease to purchase. For example, we can lease and have an option to buy at the far end. We examine that option as well.