Thank you.
I'll start by going back to the origin of why the requirement was put in place. When ACOA was first created, it was time-limited for five years. At that time there was a need to report on activities and results to Canadians every five years, and report to Parliament.
Two key things have changed since then. The government has confirmed ongoing funding for ACOA, and there are also new, more rigorous, effective means of reporting and making sure there's transparency, accountability, and oversight of federal government operations. The legislative requirement of the five-year report predates the new reporting mechanisms that are now being required of all government departments, such as the departmental performance reports to Parliament. We do that on an annual basis, as every other government department does, and we publish reports on our website in terms of quarterly financial statements. We do evaluations of all of our programs.
Under the evaluation policy and also the requirements of the FAA, there is a requirement to cover all of our programs on a four-year cycle and do program evaluations of all of our programs. Those results of the evaluations are also posted on the agency's website.