Mr. Speaker, we have created a foundation that will be independent and at arm's length from government. As such it will have its own auditor but its books will be deposited before parliament. They will be open to public scrutiny including the scrutiny of the auditor general.
I suggest that we cannot have it both ways. Either we have a foundation which is independent and at arm's length from government or we have one that is run like government is with all the regulations, et cetera. That is not what we have chosen to do.