Mr. Christopherson, I've looked at it. The advice from the department to me at that time was very straightforward and very clear. In response to my two broad precepts, did this meet the test of the rules, yes, and did it meet the test of good value for money.... On the Place Victoria side, I think the answer to that is obviously yes because of the lease rate dropping and the other factors we've referred to. The part that didn't come through as expected was the lease of the space in Bonaventure. That's where both Mr. Marshall and Mrs. Cochrane indicated their expectations were not fulfilled.
On March 6th, 2008. See this statement in context.