Mr. Speaker, there was a fair bit of discussion on quotas. There are a number of people who feel that quotas can be counterproductive and lead to the appointment of people who may or may not be qualified for those positions.
I am not going to take a position on that. I think quotas are within the tool kit of a government in moving forward with this kind of legislation. However, we have chosen a comply-and-explain model. It has worked well in the U.K. and in Australia. We feel that it closely resembles what is already being done at the provincial level with securities regulators and in other statutes.
We feel this is a good, positive step forward that will lead to positive results. We have put in the five-year period for review. If at some point down the road, after that five-year review, we feel we have to change it, we will.