Government Operations committee  I believe it should be, but the question is, does the government have to ask or does a charity have to freely disclose such material information?

Government Operations committee  I'm going to let Greg take a turn now.

Government Operations committee  May I answer this one?

Government Operations committee  Greg, do you mind if I take this one?

Government Operations committee  This is my passion. We've been championing for financial transparency since the very beginning, and we still face this battle. This summer alone, we have over 100 requests for information, with the charities directorate. We're looking at some of Canada's largest charities with $5

Government Operations committee  Maybe I'm more terrified about the defamation suits down the road. I think we need to be very careful and very precise in the language we use and what we have reported and what we have not commented on.

Government Operations committee  I haven't done anything, no.

Government Operations committee  Greg?

Government Operations committee  I would just add that the impact numbers are being updated. There has been new information disclosed about some of its impact, which came in literally two hours ago.

Government Operations committee  Yes.

Government Operations committee  No. It literally just hit the desk.

Government Operations committee  Special-purpose entities have been used in corporations and in real estate. I have never seen them used to anything like this extent in charities. Unfortunately, with the state of affairs right now, I do believe that fact-checking is really important. I know that as humans we def

Government Operations committee  I think what was more interesting on this was listening to Michelle Douglas's testimony. The board had actually said no to setting up the foundation, yet when you look at the registration date, it was established on January 1, 2019. The board was not even aware of it and had not

Government Operations committee  Over the last 15 years.... Foundations—community foundations, private foundations—have their assets, and these have already been tax receipted. With the stock market gains over the last 15 years, these assets have been able to grow in excess of 8% each year. Of that growth of 8%

Government Operations committee  There's a band of renegades who've just been looking at this and thinking this is insanity. Canada has the lowest disbursement quota in the world. People always say they need to save up money for a rainy day; we're looking out the window and it's pouring, and still they're not di