Thank you, Mr. Chairman. Mr. Chairman, we do not build into our fiscal framework or plans a loss percentage, I guess you could say. We don't have that. What we do count on is departments coming forward to us on a yearly basis saying that these files, whatever they would be, are doubtful now and we don't think we can receive any funds back in those areas. At that point, we would put it into the system and the departments would build into their budget process a loss as it comes down to it and we follow through with the process we are at today. On an annual basis in budget planning cycles, we have not built in a percentage of loss we might see because it fluctuates quite a bit, as I have just stated, from $2 million to $100,000. It could go back up again. It all depends on how things work out in that year and if we have some big losses. Thank you.
Floyd Roland on Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on October 15th, 2004. See this statement in context.
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
Item 19: Consideration In Committee Of The Whole Of Bills And Other Matters
October 14th, 2004
Page 792
See context to find out what was said next.