Thank you, Chair.
Thanks to all the witnesses for your important testimony.
Mr. Dean, based on this legislation, the minister will appoint the majority of the board members. They can be found outside the industry. The minister will have the power to step in if there are issues and the minister establishes the code of conduct. He will also have new powers to require the regulator to take action and change its bylaws.
Do you feel these measures will help to ensure an effective, accountable regulator?