Good afternoon and welcome to the committee, everyone.
Switching gears, I'm going to turn to the issue of fraud.
In the last budget, the government introduced measures on remediation agreements, a Canadian version of the deferred prosecution agreements in the U.S. The measures seem to be causing some confusion in the market, and the media coverage may be confusing as well. People think the legislation is all about getting rid of corporate penalties and giving companies a get-out-of-jail card.
Originally, what problems was the government trying to fix with this legislation? Was it the result of the Jordan decision and the excessive delays in the investigation of financial crime? Conversely, did the legislation seek swifter co-operation so that the innocent employees of these companies could keep working in their fields?