Thank you.
In response to your question about political activity, Mr. Menzies, I'd just like to read to you, through the chair, subsection 4(2) of the CWB Act: “The Corporation is not an agent of Her Majesty and is not a Crown corporation within the meaning of the Financial Administration Act.”
When did that change? That changed on December 31, 1998. What flows from that? Well, we have ten-director elections. Directors get elected from, I'm sure, virtually every political party that is represented, save for one.
So where does that go? The board of directors looked at this issue and asked a fundamental question: do we have any kind of political donation policy like every other company our size would have? We've had to look at that a few times, and we have a very minimal one now. I think it has about $6,000 a year. Don't hold me to the number, but it's a very minimal one. We have a balance in how that money is spent.
You ask, second, do we ask directors to spin for any political party? Absolutely not. At the same time, directors are free to express their own views. I'm chair of a board that represents everybody, and there are all kinds of political viewpoints and sub-viewpoints on various issues. That's just the reality of being in an organization that recognizes plurality.