Well, that's a very important question. I have talked with a former public office holder who, having very high ethical standards, had told his trustee, “You can sell anything in my trust. I just don't want to know whether my assets are still in there or if they've changed.” Then, after he became free of being a public office holder, he was quite shocked at what had been sold and what he thought was a very poor decision of the trustee about the replacement.
It's a chance that public office holders take. Having these required divestments—and the blind trust being one possibility in politics—is only about 30 years to 40 years old. We're experimenting. This is why I think it might be good to have a major study of various different systems in Canada and other countries. What works best? What needs to be changed? It's a complex issue.
Once again, I think the focus is mostly on the screens that have been set up for Mark Carney and whether they will work. Will they create problems? Only time will tell—
