Thank you, Mr. Chair.
I thank the witnesses for being here with us today.
In the written response to one of the questions that I raised at a previous meeting of this committee, your representatives indicated that the CIB's funding was structured in the form of repayable loans with interest and that, for several quarters now, you have been generating enough revenue to fully cover your operating costs.
However, when we look at your revenue and expenditures on pages 148 and 149 of the Public Accounts of Canada 2025, we see that you have $131 million in revenue from third parties and $293 million in expenditures related to third parties.
In 2025, the government gave you a cheque for $2.9 million, which brought your assets up to $15 billion. You invested that $15 billion.
From what I can see, based on the difference between your revenue and your expenditures, you have a deficit of roughly $150 million. Is that correct?
