We looked at the governance. This is something we would look at in most of our audits. We found that the board was very effective, very engaged, and that the information going to the board was appropriate, that they were getting comprehensive information. They had the appropriate codes in place: the code of business conduct, conflict of interest, and independence as regards Infoway. We looked as well at the activities they were carrying out. We saw that they were, for example, reviewing approving strategic plans; monitoring Infoway's performance; that they were reviewing a succession plan for senior management, ensuring that appointments to the board were staggered, which is an issue that we've come across in other organizations; and reviewing their own performance. These are all actually indications of best practices that we would expect to see.
On June 3rd, 2010. See this statement in context.