In the current Canadian Wheat Board Act, there are a large number of government responsibilities and roles and regulations. At the end of the transition, CWB II would not have any regulatory powers at all, and there would be no governmental role. The legislative changes would be very significant from what's in the current act. It was felt it would be much better to repeal the current act and have the transition measures move from the current act to the new act. You wouldn't have a government function and role and you wouldn't have any regulatory role in the new act.
On November 2nd, 2006. See this statement in context.