Thank you very much, and thank you gentlemen for being here. And thank you for the flow chart, which I think is helpful.
Let me go back to a couple of things you said in your opening remarks, I believe on page 3, which said that the working group assumed three things: a business plan continuing to see the WB as a voluntary marketing agency; marketing and transportation systems; all grains to be removed from monopoly.
As I look through, your first steps talk about reducing the board of directors to five government-appointed directors, so there would no longer be any elected ones. You can check these off: its directors are removed from office, it continues to work, the old act disappears, and the board of five government-appointed directors continues under the interim period.
So the transition period passes. We have the preliminary period. We get rid of the elected directors; we bring on five appointed ones. They stay in place.
And yet when we look at the bill, they're in place. Proposed section 25 talks about direction to the corporation. I will quote proposed subsection 25(1):
The Governor in Council may, by order, direct the Corporation with respect to the manner in which any of its operations, powers and duties under this Act are to be conducted, exercised or performed.
Proposed subsection 25(2) says, of the directors who are to be appointed:
The directors are to cause the directions to be implemented and, in so far as they act in accordance with section 16, they are not accountable for any consequences arising from the implementation of the directions.
In other words, you have a board of directors that doesn't seem to do anything but take orders and then direct that something be done.
Am I misreading the legislation, or have I lost something in your transition plan?