My understanding is that, as officials, we aren't in a position to put forward any language with respect to amendments. I would seek clarity on that.
However, my understanding is that the end of the discussion was regarding the time frame for the length of appointments. We noted that six months was too short. I believe the time frame that was put forward at the last meeting would enable a 12-month period.
The other concern was whether or not the language would.... Given that, until the board appoints an individual, there could be a concurrent process under way within the Government of Canada in regard to the GIC process of appointments, the concern was whether or not it would be suitable to have a notification provision, so they could reduce the risk of the potential of concurrent appointments.
I think those were the key considerations that were identified.