Yes. Well, the Auditor General had put forward these proposals to eliminate these particular financial audits for these particular organizations in order to be in line with current government directives that financial audits are not undertaken for individual departments and department-like agencies.
The reason they are currently undertaken for these organizations is that the AG is specifically mandated to do so within the enabling legislation, but the proposals would remove that requirement. In the view of the Auditor General, he believes that the annual audit of the summary financial statements of the Government of Canada is sufficient oversight of the financial operations of these organizations.
Moreover, the performance audit function of the Auditor General will continue unchanged. These organizations, typically on a three-year cycle or so, are given a thorough performance audit by the Auditor General of Canada.