Madam Speaker, certainly I did say in my speech that we do not know if this board that is intended to be appointed is qualified for managing funds. They are just appointed.
It will be required to have an auditor but that auditor is in no way connected to the auditor general. These funds that now have the scrutiny of the auditor general, that have public reporting on how they are managed, will be hidden from public view and the view of the pensioners perhaps. This is tragic. This is similar to the EI scenario we saw this government use earlier to remove accountability from the public arena. It is wrong and it is part of the lunacy of this bill.