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Fisheries committee  There are some who feel that way. There is some expense to being a crown corporation. You have the need to provide all the plans. You have the need to adhere to ATIP and all of the other policies of the Government of Canada, and that's not free. It comes at an expense. That be

October 31st, 2017Committee meeting

David Bevan

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  Clearly, as a crown corporation, it has fixed remuneration for board members. It's not quite a volunteer program, but almost, in terms of the remuneration. During this audit, board members were not sitting on their laurels. They were actually working very hard to bring to the att

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  There could have been a quicker.... Under the model we operate in, we do not hire, nor can we dismiss, a president. We can't appoint board members, etc. We are constrained by the legal framework that we work within. It takes more time to bring the problem to the government, and t

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  I think there are alternatives. If you were to privatize it, the difficulty there would be access to the market for those northern indigenous communities. If there are other potential models that could be considered by the government.... Again, it is not my position to tell the g

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  Worker safety is part of the recommendations we're still working on until the end of this year. That's where all the procedures are going to be communicated to our employees. Stan, do you have more to add on that?

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  Again, that's their decision. We indicated to the government that we would do our best to maintain the value in the corporation, to maintain our obligation and meet our obligation to fishers to maximize the value of return to them. That's what we said we would do, pending their d

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  It's working at this moment under these conditions. We're going to be in an open market going forward, and the question is, what's the best model under those circumstances? Even with Air Canada, it didn't last indefinitely. They were privatized over the course of a few years afte

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  It has been a problem for some time. There were three of us appointed in late February 2016, but even with that, there were still outstanding vacancies. Since that time, two of those appointees have resigned, and we've had one person come on board. It's a persistent problem.

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  That is correct. That's why we have informed the Government of Canada exactly what kind of steps we're going to take to maintain the value, maintain our fish supply, pending a decision on the long-term future of the corporation.

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  No, we don't need the funding at the current time. We're making a profit. We have retained earnings, and our debt load is less than our retained earnings. We've not asked that over the course of the history of the corporation, which has been making money to one extent or the ot

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  That's correct. It is going to provide us with an alternative. Obviously, as you can see from the pie chart, we're highly reliant on domestic and North American markets right now, but free trade with Europe will provide us with more alternatives.

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  That's correct. I don't know the exact date, but it's imminent. They were aiming for December of this year. The risk mitigation was to sign contracts with the suppliers to maintain the sales volume. That's going quite well.

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  I don't know about today, but we can certainly table that with the committee.

October 31st, 2017Committee meeting

David Bevan

Fisheries committee  Certainly. Job descriptions and HR practices were in place but not followed, and it's the same on the purchasing of equipment. Any purchase is supposed to come to the board for consideration. That did not take place, but it is taking place at this time. Perhaps you're all aware

October 31st, 2017Committee meeting

David Bevan