Madam Speaker, looking at it politically, if any federal government was to go into Quebec and say it was going to take over the caisse des dépôt, look after it and take funds from it, I think it would be a political nightmare. I do not think that any federal politician would go into Quebec and tell the Quebec people and government what to do with the caisse des dépôt. It just simply will not happen.
My inlaws live in Laval, Quebec, and they are very pleased with the Quebec pension plan. They are retired and have a very good pension plan from the caisse des dépôt. That is enough said on the success story.
The federal government could learn an awful lot from Quebec and its pension plan. There are two things.
First, there are requirements that it has to invest within the boundaries of Quebec. We could expand that to the Canada pension plan where it would have to be invested within Canada. Quebec is much more open for screening.
Second, the average Quebecker can go in, look at the documents and the fund and see where the money has gone and how much the fund has taken in. It is much more open within the Quebec borders than we are within the federal borders.
Success sometimes breeds a little jealously and I think Bay Street may be a little jealous of the success of the Quebec pension plan.