Thank you, Mr. Chairman. I think the issue the Member is addressing is whether or not we had, in our view, the capacity to absorb the expenditures to date at the time that the special warrant was requested and approved, should that special warrant have been denied. It was our judgment that we did. That obviously would have involved changing our expenditure plans in other areas over the course of the remaining part of the fiscal year to accommodate whatever we had spent and did not get reimbursed on the hydro project. It was our judgement that we could meet that obligation from existing funds if we had to, but that would have meant some changing of those remaining plans for the rest of the fiscal year.

With the approval of the special warrant, we did not have to change those plans but we did have the capacity, should we have needed to, to have changed our spending plans over the course of the rest of the year to deal with the amount spent to hydro to that date.

I do believe that is in accordance with the Financial Administration Act and we were operating within the normal bounds that guide our budgetary and expenditure approval process.