The Rapporteur recommends to endorse without amendment the Council's position at the first reading and the joint statement by the three institutions, taking note of the Commission statements on delegated acts and reform of the strategic export controls.

It is also recommended that Parliament takes note of the Commission statements on codification and on delegated acts.

If in fact the government had become a threat to the Canadian economy, they could have taken action to limit the creation of new trusts and reform the reporting standards of the existing ones, without causing any financial hardship to pensioners such as us.

3. Takes note of the statements by the Commission concerning the language regime and the starting point of the period for scrutiny and the alignment of acts in force made on the same occasion;

- noting the 9 September 2003 statements by Mr Bolkenstein, Commissioner, to the effect that, despite a close dialogue and an exchange of letters with the US Secretary of Homeland Security, Mr Tom Ridge, the Commission is unable to state that personal data are properly protected in the USA,

In a related amendment to the Parliament of Canada Act, clause 99 of Bill C-2 prohibits members of the House of Commons from directly or indirectly accepting a benefit or income from a trust fund established by reason of their position as members of the House of Commons (19) All members will be required to disclose such trusts to the Conflict of Interest and Ethics Commissioner, who may order the termination of the trust and prohibit funds from a terminated trust to be distributed for the purpose of financing a nomination contest, a leadership campaign or an electoral campaign.