Mr. Chair, I am going to continue to repeat that you can examine the five members of the board and their qualifications and their experience and their track record. It's one of success.
I do this because of my admiration and my joy in helping develop and promote Montreal and Quebec. This is why I accepted to be a member of this board. I am fully involved in daytime activity that is way beyond anybody's expectation. I think this has given me the experience and the expertise. All of us know how to read a balance sheet. All of us are being very vigilant in what's taking place, and as I said, in 2009 we put in the travel guidelines. Any trip of 1,000 kilometres or over has to be authorized by the president. I can tell you that any activity is going to be very carefully screened.
I'm not the day-to-day manager. These are operational expenses. The budget is prepared, we have an audit committee that goes over that budget very carefully, and once approved by that committee it's then approved by the board. That is then submitted to the government and the minister responsible for the developed plan with a vision, and only then, when that is accepted, are we free to carry on and have the operation run by the CEO and monitored constantly by the audit committees.