I just want to understand that. Even if it's comply or explain.... The vast majority of companies are similar to these small companies, where the owners run them and are the directors. To be fair to the company, the last thing I need is another letter I have to write to explain that, guess what, there are only three of us who own the company, and we're also the directors of the company. Theoretically, the owners hire the directors, who hire the managers. I was the owner, I was a director, and I was the manager. The idea that I'm going to put someone in between and say, “Can I get a job? If not, can you hire me, the director? By the way, if not then I'm going to change you, because I'm also the shareholder.” It makes no sense.
I disagree with it fundamentally. It's just going to add a tremendous amount of work for 95% of the companies in Canada, which are small to medium-sized enterprises that are owner operated.