Mr. Speaker, I want to thank my colleague for his fine speech and congratulate him on being the favourite MP of the Speaker's sister-in-law. That is a great honour that I am sadly not fortunate enough to have.
At the beginning of his speech, he reminded us that the Chrétien government set up 15 or so foundations like this one. To me, there is a design flaw to these foundations. In other words, the government puts all kinds of money into foundations without any oversight. This was done voluntarily. This invites potential wrongdoing, as seems to have happened here.
In 2005, auditor general Sheila Fraser wrote a scathing report on this approach. Is it not time to put an end to these foundations and their design flaws?