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Industry committee Thank you, Marta. Mr. Chair, and committee members, I'm here today to provide you with a bit of the detail around the supplementary estimates, as Marta has indicated. First, if I may, let me start with a little bit of background. As you may know, supplementary estimates are
December 4th, 2013Committee meeting
David Enns
Industry committee Sure. The item you're referring to is for software or a system that permits people who are searching for a trademark or the name of a company to access that themselves. The way the arrangement works is that this is done by a third party who uses our product, and they pay for the
December 4th, 2013Committee meeting
David Enns
Industry committee Okay.
December 4th, 2013Committee meeting
David Enns
December 4th, 2013Committee meeting
David Enns
Industry committee The revenues are deposited into the consolidated revenue fund, and then we seek them back through the estimates process.
December 4th, 2013Committee meeting
David Enns
Industry committee Right.
December 4th, 2013Committee meeting
David Enns
Industry committee We're breaking even.
December 4th, 2013Committee meeting
David Enns
Industry committee It's a break-even service and—
December 4th, 2013Committee meeting
David Enns
Industry committee —the company then.... There are fees for the people who use it, obviously. That's how the companies—
December 4th, 2013Committee meeting
David Enns
Industry committee Yes.
December 4th, 2013Committee meeting
David Enns
Industry committee It's not uncommon. The lingo on that would be a “reversed reprofile”, whereby money, instead of being reprofiled into a future year, is brought back from a future year into this year. Next year's main estimates that I mentioned will reflect a decrease in that program. The issue
December 4th, 2013Committee meeting
David Enns
Industry committee Yes.
December 4th, 2013Committee meeting
David Enns
Industry committee Exactly, and for many of the programs we have, or the contribution agreements we negotiate, we try to align them to the timing of the investment cycle of the company or the organization we're assisting. Sometimes that involves reprofiling money. Most often it's into future years,
December 4th, 2013Committee meeting
David Enns
Industry committee We don't have an advertising budget, per se. The advertising envelope is managed by PCO.
December 4th, 2013Committee meeting
David Enns
Industry committee No, I don't offhand know what the overall advertising budget is.
December 4th, 2013Committee meeting
David Enns