Thank you, Madam Chair. Madam Chair, a lot has changed since last August. We have to admit that there has been a change from the federal government. We are looking at allocating funding at the front end, but the decision was made to fund it at the back end, which changed the amounts we were going to receive from the federal government. With regard to the negotiations or the meetings that have been held between Fred and his people and people in CMHC and ATCO, we were able to bring down the cost of a lot of these units and be able to not have to expend as much money at the back end to do the conversions. With regard to the decision of waiving the premium, which is $29 million that's been talked about, by waiving that, once we do the purchase at the back end, those are still open for negotiations. We still have to negotiate a price over the product once the project is...(inaudible)...Because those negotiations are still going on, we aren't going to state what the outcome price is, but we made it clear to the proponents that there is an area we are looking at. It's in the area of a little over $100,000 per unit. That's where we want to stay. If there is any price change, we will not be part of those negotiations.

Also, through the socio-economic arrangements, those negotiations are ongoing through the regulatory process. We are working with the parties at the table to find a way where we can have a win/win situation. In order for everyone to win on this one, we have to have a product that everybody feels comfortable with, not only at the front end but at the back end, such as residents of the communities, CHMC and ourselves. At the end of the day, it has to meet the requirements we are asking for at the front end. Again, we are still in negotiations until we nail down that actual price, and the price has to come in at a certain set amount. We have put those calls out that we will not go into this thing if it is going to cost us more than we are already investing. It's the same with CMHC. They will not take a product that does not meet CMHC standards. So they have to meet that standard, too. There are these demands out there and we are still in negotiations.