I want to follow up a little bit on this aspect of the bill. There were nine recommendations in the report that subsequently have helped immensely in terms of the crafting and drafting and writing of this piece of legislation.
I want to follow up a little further on Ms. Chow's questions, because they are extremely relevant. Recommendation number 3 states “that the Government of Canada assist in re-establishing the new regulator and remain involved in its affairs until it is fully functioning.” I would just ask that you expand on that a little bit. It is pretty important to understand that this is not an organization that's going to be left unto its own devices for a couple of months and then expected to be able to deliver on a pretty significant mandate.
Subsequent to that, it's the first time we have taken this broad an approach, so obviously they are going to need help. One of the things that gets described in a little bit more detail in terms of the response to the recommendations is that it could be two, three, or perhaps even more years that we would work with the organization that was successful. Perhaps you could just outline for the committee how you anticipate that partnership or that relationship would work.