Yes, absolutely. CSIC, as you know, was created in 2004 as the result of a delegation of powers of the Governor in Council to CSIC to educate, accredit, and discipline its members. That's CSIC's power, CSIC's mandate, and that's in the public interest.
From 2004 to 2008, CSIC essentially was fighting an uphill battle, because the Government of Canada chose at that time to give a four-year hiatus to anyone who had an application in front of the government if they were a consultant: they could continue to practise without having to register with CSIC. So really, immigration regulation has only been in place, I would argue, since 2008.
As part of a contribution agreement that we signed with the Government of Canada, we were committed to establish a compensation fund. With everything else we had to roll out in the regulator, it simply was not possible to start establishing that compensation fund until 2008, so the fund itself has only been in place since 2008. However, I must say that a full errors and omissions policy on every member, which is mandatory, has been in place since 2004 for members of CSIC.
I think it's important that the committee understand that full-blown regulation, as limited as it is, post application being received by the minister, has only been in place since 2008. In fact, it just came into effect around the time that the standing committee issued its last report.