Public Accounts committee  That's assuming that we lose the 80%. We are signing contracts with suppliers in order to secure a supply of fish to keep the infrastructure—

Public Accounts committee  We still have vacancies on the board. I would prefer more board members, to say the least. I've been asking for appointments to take place. I've been asking for a broader array of experience and skill sets. We're still on a skeleton crew at this point in time. There's some reason

Public Accounts committee  The plan that we have implemented is to secure supplies of fish by entering into long-term contracts with fishermen for all of their fish. We don't enter into contracts for people to sell us part of their catch. What they sell us has to be something we can profitably use. That's

Public Accounts committee  I think so. We are securing contracts. Therefore, I guess that answers itself.

Public Accounts committee  It is to maximize the returns to the fishermen.

Public Accounts committee  That's not something I could possibly do in my current position. I have a fiduciary obligation to the crown corporation, and closing it is not exactly fulfilling that. It's a decision for government whether to sell, close, or do some other kind of governance around the corporatio

Public Accounts committee  I understand what you're asking. Again, I think that's a question that should be put to the government. We will keep the wheels on it and keep safeguarding the assets for the Canadian public, pending a decision by the Government of Canada. I would note, though, that Air Canada w

Public Accounts committee  It's in two phases. We have operating debt. It's something that we incur every year, allowing us to pay fishermen without having to—

Public Accounts committee  The long-term debt is $12.5 million, and our retained earnings are almost $15 million.

Public Accounts committee  That's correct.

Public Accounts committee  In 2010, the policy around final payments and retained earnings changed. As you can see, retained earnings have gone up in that period of time. Since that policy change, there's been significant investment in the plant. I don't know when you were last there, but we've upgraded th

Public Accounts committee  That is correct in one sense. If you are selling a mix of species, it's one thing to say, “I'll high-grade my pickerel, but then I won't have a market for anything else.” You have to make a decision whether it's better to sell it all to the corporation or not.

Public Accounts committee  That's correct.

Public Accounts committee  I was retired before I became the chair of this board.

Public Accounts committee  I retired in 2014 and I took on this responsibility in 2016.