Mr. Speaker, I have been around here for over 11 years and every year I look at the government's own performance reports. Whoever writes those performance reports, has rose-coloured glasses.
I can think of examples. Some 600 first nations are required to produce private sector audits of their books every year. Those audits are done and are reported to the minister. Yet we constantly hear of corruption and mismanagement of money within those communities.
If the board of directors hires the auditor and sets the parameters of the audit for the private sector audit, I suggest it would likely get the results for which it is looking. That is the weakness of the private sector audit.