Thank you, Mr. Chairman. Since the health transfer, Canada has been advancing $1 million per year, increased annually by the escalator, which shall be specifically used as part of Canada's share to replace the Inuvik General Hospital and to carry out major renovations to the Baffin Regional Hospital.
It is the committee's understanding that these amounts, which now total over $4 million, have been taken as income in the years received rather than recorded as a deferred liability to be matched with the related expenditures.