Thank you, Mr. Chair.
The Auditor General mentioned that the board of trustees did not receive the information needed to monitor compliance with the laws. From my past experience I know that many charitable organizations and not-for-profit organizations sometimes do not brief their boards of trustees adequately.
I know in your case they are most involved, for example, in managing the investments that are quite modest. However, under the Ontario Trustee Act, every single trustee is individually and personally responsible for any of the mismanagement that may take place. It's very important. I know you are running a good show. I did see in your report that you are managing these investments through the Ottawa Community Foundation, which you use at arm's length, but even then the trustees need to be updated and briefed on their responsibilities. I hope it is done by now.
My colleague already touched on my second question which is on the project management practices.
Irrespective of the modest size or the big size of a public project, it is important that there be timelines so there are no cost overruns. In your case, even a small cost overrun will make a significant dent in your budget.