There are two points I could elaborate on here. One is that the purpose of the BI, the budget implementation legislation, is to authorize a negotiated transfer. Beyond that, it sets some basic terms, but everything is subject to negotiations with the airlines and the airports.
The airlines have expressed concerns here in committee and elsewhere. We've been talking with them and we've addressed their concerns, to the point where they're ready to sit down with us next week and start those negotiations on a reform that's been in discussion, in some manner or other, since 2017.
On the issue of the transfer price, the director general of air policy was testifying that it's subject to negotiations, and it is. The government's position going into those negotiations is that the appropriate price to transfer the assets is their book value in the government's accounts. If you transfer them at book value, then there's no impact on the deficit. The transfer is neutral in terms of the impact on current taxpayers versus current travellers. That's our position going into the negotiations.
However, this is all subject to a negotiation with the airports and the airlines. The airports are ready, and the airlines told us yesterday that they would be ready to start those negotiations as early as next week.