Thank you, Madam Chair. Just like the other contingencies that are in that column, we are not anticipating undertaking any leases that would be deemed capital leases, but the government does enter into lease arrangements during the course of the year that may or may not be assessed as a capital lease depending on the terms of those lease arrangements. We just wanted to provide a bit of flexibility in there just in case. When the terms of those agreements are reviewed by the Comptroller General's office and they are deemed capital leases, then we would have some flexibility to record them there. Thank you, Madam Chair.
Mr. Kalgutkar on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 8th, 2021. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
February 8th, 2021
Page 1812
Kalgutkar
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