At our last meeting, Minister John Baird was asked a question about being able to write a blank cheque. His response was, “I couldn't even if I wanted to. All the Treasury Board rules and guidelines would not allow that, even if I wanted to, which I don't.”
Can you expand upon what the minister meant by saying that Treasury Board rules and guidelines would not allow a blank cheque to be written? That's one of the myths that's being pushed out there in the media, that there's this blank cheque, which the minister suggests is not possible under the Treasury Board rules. How do those rules prohibit that?