Government Operations committee  Because $26 billion is the book value.

Government Operations committee  It would probably be much more.

Government Operations committee  Over time you certainly could, I would expect, with a certain number of dollars. But I couldn't tell you what those would be.

Government Operations committee  I'm not a real estate expert.

Government Operations committee  The Government of Canada does. I don't. But my understanding is that the real estate cycle in Canada is at the medium to high level, I'd say closer to medium. I know that people who are more involved in this than I am have a close eye on the U.S. economy and the downturn particularly in the housing industry.

Government Operations committee  It certainly wouldn't make sense if we were indeed selling low and buying high. But those details are to be determined. The other factor that has to be considered when one asks where the real estate cycle is has to do with what is the readiness among investors to put money towards real estate.

Government Operations committee  You mean selling it in a group versus selling--

Government Operations committee  My understanding is that the initiative will be to put nine buildings on the market at the same time, but not necessarily nine buildings to the same bidder.

Government Operations committee  The timing of the initiative again, I understand, has to do with the market conditions and the fact that there's a belief that there's money out there.

Government Operations committee  We'll do some research on that for you.

Government Operations committee  Right. How can you see where the...?

Government Operations committee  Yes, I see exactly what you're asking.

Government Operations committee  You know what? That's a good question. I see the distinction that you're making.

Government Operations committee  We can certainly get back to you with those answers, sir. In terms of to whom the debit accrues, it depends on whether or not the building is owned by a custodian department. For a laboratory owned by Fisheries and Oceans, they would be carrying the cost for that. If it's a building that PW has leased on behalf of the government and it's standing empty, that expense would be reflected in their accounts.

Government Operations committee  Yes.