Finance committee  Within our planning and reporting framework for managing our parks and national marine conservation areas, we're looking at a ten-year strategic planning cycle with a five-year overall reporting cycle. We are moving to an annual engagement model whereby each year we'll be meeting

Finance committee  About 3,700 hours.

Finance committee  They do give a cost. I think that came out for them—

Finance committee  They estimated $590,000.

Finance committee  I would suppose so.

Finance committee  Yes.

Finance committee  In fact in this case we had raised it with the Office of the Auditor General, which we deal with on an ongoing basis, and they had indicated to us that they were also looking at the same thing, from their side. So it was kind of a mutual discussion on that.

Finance committee  I don't believe so. Because no other departmental organizations have a requirement for an audit of their financial statements on an individual basis—they're all audited through kind of the rolled-up Government of Canada accounts—individually they don't undergo an audit of their f

Finance committee  Just to clarify that, all departments have an audit committee that consists of external members. That committee reviews all matters and all internal audits that are conducted by the organization. They also review our performance report and would review our financial statements.

Finance committee  Someone would need to be engaged to do that work.

Finance committee  That's right.

Finance committee  That's right.

Finance committee  The Auditor General has always done an annual audit. So going forward, there would no longer be an audit of our financial statements. I don't know of the intention to have the financial statements audited on an individual basis going forward, but they do have the authority to do

Finance committee  Yes, I can give you just an estimate. Each year the Auditor General estimates how many hours it will take for them to conduct an audit. For the financial statement audit in their audit plan this year, they had estimated 2,700 hours. For the performance information review, they ha

Finance committee  In terms of our planning and reporting, we, like all departmental organizations, would still prepare a report on plans and priorities, which would be tabled in the House, and a departmental performance report each year, reporting back on how we've done relative to our plan. That