Madam Speaker, I thank the hon. member for his perspicacious intervention. I guess he did not completely agree with the tenor of my caveat.
In any case, the investment in early stage opportunities does open up the potential for abuse. That is why it is even more important that the appointment process that selects the board, and the pension management professionals in the Canada pension plan are exceptional.
The member is right. It does open up the potential for abuse, but notionally the idea of Canada pension plan investments, or a portion of them, not a huge portion but a portion, being used to invest in venture capital types of investments is not a bad or wrong-headed approach. In fact if we look in Quebec at the Caisse de dépôt, there are some of these types of investments--