Government Operations committee  I think we are in an extremely strong market. I would call it a balanced market right now. We've had significant strength in our market for a number of years. It's no longer considered an anomaly, where two or three years ago we were surprised at the strength of our market. Our vendors and purchasers have now come to the understanding that this is a reality.

Government Operations committee  I think we have the level of interest we expected. We have a combination of public interest and private interest. Frankly, the intent of the client was to make sure this was something the entire market could participate in. As you say, this is a difficult time for us to talk specifically about our process.

Government Operations committee  That would be correct.

Government Operations committee  My understanding is that the buildings will be full when the leases are executed.

Government Operations committee  I can tell you that there will be structures where purchasers will have the ability to provide options for the government to review. The specific term is subject to bids and structure when we receive them.

Government Operations committee  Certain lease terms have been established, but there is flexibility to those terms. Again, I'm not trying to avoid the answer to the question. The lease and the bid process have been structured in such a way to provide an element of flexibility for the government, being the vendor, to determine the best terms that are provided at the bid date.

Government Operations committee  That's correct.

Government Operations committee  No, I cannot.

Government Operations committee  As Carolyn has advised you, $300,000—$150,000 each—was our fixed fee, plus expenses, which I cannot recall, at cost. That is the fee for the contract that we had signed, which does not include the contract we are under for the nine properties.

Government Operations committee  We equally have elements of confidentiality that we frankly cannot disclose. That relates both to our client and to us. Both of our banks have to maintain an element of confidentiality in terms of the actual contract that we have executed.

Government Operations committee  If I could interject, with all due respect and in fairness to what we are here for, there are elements of confidentiality, and it is very difficult for us to figure out where we cross that line between answering a very vague question and being fairly specific, which is what you're looking for.

Government Operations committee  That's an option.

Government Operations committee  We're not negotiating the leaseback. We're actually working with our client, the government, in structuring a leaseback that reflects what the client needs in terms of its business, its occupancy, and the deal structure. We're certainly not negotiating it. We're assisting and advising, along with lawyers and other advisers, how it should be formed, .

Government Operations committee  I am. Thank you, Madam Chair, for the opportunity to address you and the committee. My name is Keith Jameson, and I am a director of the real estate group with BMO Capital Markets. In relation to the matter that is currently before this committee, my role at BMO Capital Markets includes the coordination of the initial preparation of the due diligence and underwriting for the marketing of this portfolio, as well as working on the transaction team, as it relates to the execution of the deal.