Mr. Chair, from the point of view of the navy it seems more like cruel accounting than accrual accounting.
In fact, we have a situation whereby the government is cutting one destroyer and retiring the navy's two refuelling and resupply ships, which will be gone two years before the three new ones that the Liberal government ordered will arrive. There will be a two year gap and yet he is saying there is no loss to the navy whatsoever, that the navy obviously has enough funding.
How can the navy have enough funding if there is going to be a two year gap before the new resupply vessels arrive?