Madam Chair, I want to inform the government members that my questions will be primarily for the President of the Treasury Board and the Deputy Minister of Finance, who is also the Minister of Tourism. I also want to say that I do not need the timing of questions and answers to be precise but that I hope that the government will try to respond within a reasonable amount of time.
My first question is for the President of the Treasury Board. Again, I congratulate her on her speech and on her appointment to this important position.
When the House passed Bill C-30, the budget implementation bill, in the spring, she decided to slash the budget of the Canadian Securities Transition Office in anticipation of its closure. Senior officials told the Standing Committee on Finance that it would be shut down very soon.
Six months have passed and the supplementary estimates do not contain more funding for the office, and I understand that it is set to close. My question is the following. Has the Canadian Securities Transition Office closed down in accordance with the legislation passed by Parliament? If not, when will it close down?