Mr. Speaker, now that this large amount of money is out there being invested on the open market on behalf of Canadians, we are now involved in the stock market whether we invest directly in our own personal savings or not because the Canada pension plan is being invested out there.
Would the hon. member agree that there is a need now for the federal government, on behalf of Canadians, to take steps to do something about corporate governance and to take steps to make sure that the places in which we are investing our money are governed by a corporate regime that we can trust to make sure that we do not have an Enron style meltdown disaster underway in this country as they did in the United States? It is like the independence of auditors or forcing companies to list stock options on the expense side of their financial statements if they are using stock options as CEO compensation.
Those issues of corporate governance should be of great concern to the federal government. Would he agree that there is work to be done on behalf of Canadians now that we are out there playing the market with our pension plan?