Thank you. I'd be glad to.
As we've been discussing, the government's decision was to create a financial literacy leader position and to create it within the Financial Consumer Agency of Canada. The duties of the financial literacy leader are spelled out in the legislation. It's important that these be commensurate with the responsibilities of the Financial Consumer Agency of Canada, so they are emended to ensure that these two things fit together well.
In terms of the position itself, as we were discussing, the government's view is that this is an important and high-profile position; that it's appropriate, then, that the duties and responsibilities be enshrined in legislation; and that the position be a Governor in Council appointee, chosen by the Governor in Council on the recommendation of the Minister of Finance, and then subject to all of the procedures and rules that go along with a Governor in Council appointee. That requires legislation.
I think, as we've been discussing, this is designed to ensure that the position will be of interest to and will attract a highly competent person and will provide them with the imprimatur of a GIC appointment on the minister's recommendation so that it will be clear that this person speaks for the Government of Canada on this issue and is by no means a minor functionary appointed by someone other than a minister or the Governor in Council.