Yes, absolutely.
As you noted, Mrs. Shanahan, there is a very important process. All MPs have legal responsibilities. We must all comply with the Conflict of Interest Act and ethics guidelines.
When you become a minister, the process is much more complex. You have to spend time with the Commissioner and their officers. You have to submit your bank statements, all documents concerning your investments, all the information about your spouse and any business or businesses that your spouse is in charge of. The point is that the Commissioner looks at all of those documents. Then there's a conversation about how assets, shares and anything else can be transferred to ensure compliance with the act, if necessary. The process can take several months. In my case, it took six months before everything was settled. Then, all that personal information has to be updated annually. That's another very important part of it.
Perhaps the best way to explain this to our fellow citizens is to use a sports analogy: The referee is there to see if people are following the rules. In our case, the referee is the Conflict of Interest and Ethics Commissioner. He indicated, not just once, but three times, that the allegations made by the Conservatives and the allegations that appeared in the media were indeed only allegations and that he considers the matter closed, period.
