Mr. Speaker, $7.7 billion still sits in foundation bank accounts. In her report today, speaking of foundations, the Auditor General said, “Given the significant sums involved, I am concerned about the lack of adequate accountability to Parliament”. I have to say that I would take the Auditor General's word on this over the Prime Minister's word any day.
In the shadow of sponsorship, what possible excuse could the government have for not having adequate parliamentary oversight of the billions of dollars sitting in foundations?