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What would Canadians say if this was Canada Post?

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    #13
    I'm confused. This implies that the minister has access to all sales imformation and that he can issue the report to parliment yet at the same time this imformation is supposely confidential.If this was true in the Australian Wheat Board would the government minister responsible not be liable because he had access to this imformation but did not bring this to public light. I would also suggest that audited books do not always bring to light wrong doing. I'm sure in the case of the CWB most audit reports would include a disclaimer suggesting that the audit was done on the basis of imformation provided and done to the best of their ability. It still begs the question as to why the CWB does not want to be included in the freedom of imformation act. It suggests there is something to hide. I'm sure there is still a way to protect sensitive commercial transactions.

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      #14
      Vader or Agstar77, I'll ask again, What kind of oversight exists other than the BOD's with respect to the contigency fund?

      How are farmers to judge that the contigency fund is being managed in their best interests without full discloser?

      The huge basis levels on all the acronym pricing options is a huge red flag.

      The CWB can't ignore these questions forever. Especially when your asking for the contigency fund to be increased to 100 million.

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        #15
        Oversight is through the Audit and Finance Committee, the internal auditor, the external auditors, and final submission of business plan to the Minister.

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          #16
          And did the Minister agree with the suggestion of a $100M contingency fund?

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