Thank you very much for your accurate answer.
You know that I have been reading your reports with interest for quite a while. You have repeatedly recommended that you should be mandated to audit the books of certain foundations. The last piece of legislation on the budget gives you that mandate. The figures involved were rather high. I think that your initial request dealt with foundations that were receiving $500 million. The bill gives you the mandate to audit the books of foundations that receive $100 million or $200 million.
If I understand the sixth point of your presentation, you seem to be hesitant about extending this mandate to apply it to subsidies, contributions and loans of about one million dollars paid to individuals or institutions. Am I right in presuming that, in your opinion, departments should carry out this follow-up and that the executive must not shirk its responsibilities to audit management?
With regard to sums of $500 million and $100 million, this involved certain foundations at a certain level. I think that the departments need to have the right management tools in order to carry out their responsibilities. Did I understand your sixth point correctly? In your opinion is it up to the departments to exercise this oversight?