That's a rich set of questions.
PSPC actually has the responsibility for the surplussing process. I know they're coming before the committee, so some of these questions would be appropriately directed to them.
What I mean about the surplussing process is that all the lands in the public land bank right now are lands that have been identified as surplus by departments, which means that, through their departmental processes, the departments have come to the conclusion that they don't need them and that, therefore, they can exit their holdings. That's the criterion that moves them right now into consideration.
There is another category that is still under discussion, which is underutilized lands. These are lands that they are using, but perhaps they're not maximizing them. For example, if you think about a lot of buildings and about times when civil servants were in the office five days a week.... They have parking lots that are far outsized given the number of people who are actually utilizing them now, given some of the hybrid decisions. So, there are a lot of underutilized lands.
There are two avenues to have those come up. One is that departments have been written to and have been asked to bring forward their lists of underutilized lands. That has some advantages. The other—I think preferred—way is where you have market interest in properties. That's what we have been trying to encourage. We know somebody is interested in a development; they're focused on a property. Sometimes they're building something, and they're adjacent to a piece of federal land. There's the possibility of having a bigger development if that federal land is added in. That's the kind of place we're most interested in. We're not interested in just identifying properties so they can go in a land bank and not get utilized. It's really about where there is an underutilization federally and an adjoining market demand for that kind of property.
I agree with you in terms of the goals and the numbers. To my knowledge, we have not set targets at this point for departments. I think it's a bit like reversing the.... If there is a market demand.... Right now, I think the environment is much more conducive to there being action around those properties. Some of the conversations we're having with tenants are about lands that it wasn't on their mind that they were going to offer.