Thank you, Chair.
Thank you to Ms. Frenette for being here today.
I thank her for covering that, because she's right. When ACOA was set up, it was a five-year cycle, funded five, then requested for five. That's the way it was set up. Now that it's a permanent structure, it has that.
Basically what this does is align it with the other regional development agencies, which are also on a yearly reporting cycle, if you look at those, and the financial reports and your yearly performance report. This just makes sense.
So to the whole idea of the amendment being ruled out of order, Mr. Cullen should not despair because the reporting is actually much more robust than it was before.
Thank you.