Mr. Speaker, I want to make a couple of comments. First, it is very disappointing to hear the member speak about this legislation or characterize himself as being disappointed to have to speak to a piece of legislation for which many first nation community members are actually calling. It is because of complaints by first nation community members that this legislation was introduced. While the member may be disappointed, I feel very privileged to be able to bring legislation like this forward to address an issue that first nations have brought forward to our government.
We have also heard members talk about the reporting burdens of first nations, and I have already spoken to this in my remarks, but I want to reassure members that there is nothing in this legislation that would require additional paperwork for first nation governments. They already produce consolidated financial statements each year, which are audited by independent, accredited, professional auditors. It is a requirement of their funding agreements with Aboriginal Affairs and Northern Development Canada. Members need to stop perpetuating the notion that we are requiring more reporting, when it is actually already being done by first nations.