Finance committee  Yes, absolutely. You have an act and you have legislation under an act. The college is composed in the act. You're going to have regulations under the legislation. Our view is that absolutely there should be a code of conduct or a code of ethics. We have one ourselves; it's voluntary.

Finance committee  Thank you, Mr. Chair. I'm just going to wrap up and say that in many cases the code is created through bylaws and there are already several provisions in the legislation that provide for strong oversight by the minister, such as the majority of public seats on the college's board being appointed by the minister, the ability to remove a director for any reason, and even the requirement for the board to do anything the minister feels is necessary.

Finance committee  Thank you, Mr. Chair and committee members. As mentioned, my name is Grant Lynds. I'm the immediate past president of the Intellectual Property Institute of Canada. Thanks very much for inviting IPIC to present to you its initial thoughts on Bill C-86 and to answer any questions.

Finance committee  I guess I was just trying to make up time. IPIC represents the views of our IP professionals in making submissions to government and other bodies. Our activities include a wide breadth of activities in education, continuing professional development and raising IP awareness in the business community.