Bill C-18 committee  Technically, the way it's drafted, it would survive, but subsequent reports may be pro forma, may be very minimal, I expect.

Bill C-18 committee  I could make a few comments on this section. Using “may” or “shall” does make a difference. The use of “shall”, as has been said, would obligate the corporation to abide by the relevant provisions of NAFTA. If it's changed to “may”, it's merely optional for the corporation to abi

Bill C-18 committee  Yes, under proposed section 16 of the interim operations act, the directors owe their duty of loyalty to the corporation and have to act in the “best interests of the Corporation”. While the act does not have complex procedures for dealing with a conflict of interest, it's true t

Bill C-18 committee  That's right, yes.

Bill C-18 committee  Yes. In a sense, it corresponds to the section in the bill that allows others to forward-contract in wheat and barley. So just as others are able to forward-contract in wheat and barley, the Wheat Board can forward-contract in such things as canola or others of the seven grains.

Bill C-18 committee  It's the definition of grain in section 2 of the existing Canadian Wheat Board Act. It would be wheat, oats, barley, rye, flaxseed, rapeseed, and canola.

Bill C-18 committee  No. The difficulty in the existing act that this deals with is that subsection 18(2) of the existing act would prohibit the corporation from buying anything other than wheat and barley. What this does is provide an exception to that prohibition, so it can agree to buy any of the