Thank you, Chair.
I'd like to thank Mr. Allen for mentioning those little words “accrual accounting”. It's been a hobby horse of mine for a few years, so thank you so kindly for broaching the subject.
And Mr. Ralston, thank you so kindly as well for giving a very clear and concise realization of where we are.
Also, I understand quite well, Ms. Cheng, that this has been an issue of concern for the Auditor General's office for a number of years. It seems it is actively being addressed right now.
Ms. Cheng, I have a question. There were a couple of significant transactions related to the transfers between the federal and provincial governments, namely the harmonized sales tax, of course, the transfers from B.C. of $1.6 billion and then transfers to the federal government, and the transfers from the federal government of $2.2 billion to the Province of Quebec. I'm not concerned with the numbers—we understand what those are—but I'd like to know how the large transfers are reported. Were they accurately and appropriately disclosed?