Finance committee  Treasury Board.

Finance committee  A similar process exists with respect to those organizations listed in schedule V of the FAA. They are separate agencies, and that includes the Canada Revenue Agency, CSIS, and a number of others.

Finance committee  It's very similar, yes.

Finance committee  As I mentioned, that's not my area of expertise, but I'm not aware of anything.

Finance committee  I'm sorry?

Finance committee  The policy rationale?

Finance committee  That would fit with the notion of gaining a measure of oversight over what happens in bargaining between the corporation and its bargaining agents, in line with the notion of having a strategic approach to compensation management and the expenditure aspects of it.

Finance committee  I don't think it's a question of whether there was labour unrest or not. It is an issue with respect to having a strategic approach to compensation management at a broad level, of course, and dealing with the expenditure and financial viability of organizations, particularly as it relates to pension liabilities, for example.

Finance committee  Yes.

Finance committee  Of course, the first crown corporations were created far before I was born. Generally speaking, it allows them to operate in the areas for which they're responsible and to be able to react more easily to the particular circumstances of whatever market or business they're in, independent of the normal situations one finds in government.

Finance committee  That particular aspect, sir, is not something I am familiar with. I'm not an expert in that area. In terms of the FAA, it's part X, but those particular organizations right now are exempt from those particular parts, I to IV, as you're aware.

Finance committee  I can't speak to it, generally speaking. I can only tell you the ones that are referred to in part X there.