I'd like to direct a quick question to Mr. Valentini.
When I was on the government ops committee, I had the good fortune of listening to your presentation on the PSPIB investment in infrastructure in various countries. Partly because of the returns on that, it seemed to make sense, given that you have a very strong mandate: you can't put people's money at risk, but you have to return the 4.1%, or at least now, as Mr. MĂ©nard has said, the 3.1% ratio of real return.
Does part of that have to do with infrastructure typically having more of a monopoly type of situation? It's more recession proof. Are those the kinds of assets that perform well even when the economy isn't doing well?