Our expectation is that the board would be composed of people who have expertise in the relevant issues. Good corporate governance rules would apply to this, as they would to any crown corporation, so I would expect to see that the Governor in Council, in making appointments to the board, would be looking for relevant expertise on all of the matters that would come under its jurisdiction.
One issue that came up in another committee, with respect to the composition and mandate of the board, was to what extent it would have the capability to kind of conduct independent analysis. In our view, the board should have the mandate, in fact, to not just look very narrowly at the rate-setting exercise, but I think to conduct analysis and offer advice to the government. I think the composition of the board should reflect that level of expertise as well, and not just actuarial expertise.