Mr. Speaker, when we look at transparency and accountability we need to look at the full sweep of measures.
The member raises the point about public hearings every two years. This would be an opportunity for citizens to come out and express their views if they felt that the portfolio was under performing or they felt that the benefits should be expanded.
However, in addition to the public meetings every two years, the investment policies of the board are open and transparent. There are quarterly reports on the performance and the operations of the pension board. An annual report is presented to Parliament and that could trigger a debate in the House. There is a website.
I think Canadians will have full and ample opportunity to judge the performance of the board and to raise their concerns.
I think the turnout at public meetings more than every two years would be less than optimal. Canadians want to be consulted but they would like to be left alone from time to time as well. I think with this full set of accountability measures the government has responded very adequately.