Public Accounts committee  It's the 160 pages that were provided. I believe the ethics committee has them. We would be very happy to provide them to this committee, if that's requested.

Public Accounts committee  Okay. Will do. My understanding is that it's everything we had on the donations back in 2014, 2015, 2016 and 2017, including the agreement, the receipts and all the relevant stuff—all the stuff. Anything that breathed about those donations is in that package—with a lot of repetition, I have to say.

Public Accounts committee  The way auditors work is that they do random tests. That's how all auditors—PwC and everyone in that industry—does it. They can't possibly be expected to go through line by line. The cost of that kind of audit would be horrendous. Their audit is not as thorough as a targeted....

Public Accounts committee  I can't tell you exactly when it happened.

Public Accounts committee  Potentially, they are huge over the long run. We can count senior public servants, senior academics, people in the academic world and people in public office, for example, who have been through our program, and I would argue, have had their horizons broadened by it. Some have told us that it was life-changing for them.

Public Accounts committee  It was… I'm going to have to say this in English because my vocabulary is failing me at the moment. As I mentioned in my opening remarks, I didn't need that legal opinion. I was already saying that I should not be involved, nor should President Fournier, in the oversight of any independent inquiry.

Public Accounts committee  One of the directors of the foundation who appeared before the other parliamentary committee last week, Ms. Madeleine Redfern, raised that issue two years ago. At her request, we arranged a special meeting to discuss it. Unfortunately, we were unable to attend the meeting, but we did find that there had been, I believe, two such investments.

Public Accounts committee  No, no…

Public Accounts committee  I was made aware of these Chinese investments two years ago, I believe.

Public Accounts committee  No. We withdrew from these investments.

Public Accounts committee  We asked the investment managers to get rid of them. We normally don't know what's in the portfolio. We have policies, including environmental, social and governance policies, which are based on United Nations recommendations. We inform our managers of these policies and expect investments to be consistent with them.

Public Accounts committee  The last six years or so, I think it's either 5% or 5.5%.

Public Accounts committee  I should point out at the beginning that we do doctoral scholarships. We have done 295 scholarships with a total of $60,000 a year for each scholarship, and the scholarships last for three years. In addition to that, we engage mentors. We have had 163 mentors since we were started in 2002, and we have also done 88 fellowships.

Public Accounts committee  We use the income from the endowment. We have invested the endowment in an investment program. The asset allocation in that program is approved by the government, by the finance department and the ISED department, so we're pretty conservative investors, but the result is that we have been able to provide funds through those investments, dividend and interest income as well as the odd capital gain.

Public Accounts committee  They can donate. They're always welcome. I made a pitch back in November to encourage everyone, including members of our community, to support us and assist us because, I have to tell you, we need that help. There's a problem. Yes, we built the endowment, but we're falling short of inflation.