Mr. Speaker, I want to congratulate the leader of the Conservative Party for having raised this issue which was discussed in the House almost a month ago.
The fact is the CPP investment board will operate as any other pension fund. It will be totally transparent, reports will be made on a regular basis. As the hon. member knows, certain of its deliberations will be in secret. Obviously there will be confidential matters and because we want it to operate as regular pension fund—