Mr. Speaker, let me begin by noting that I think it is quite unreasonable to suggest that any government would choose members to the pension investment board based on partisan politics or based on anything other than their expertise. That is an unacceptable suggestion. I am surprised the member made it.
Still in that context, I wonder if the member could give me an idea of what he thinks the pension investment board should be doing relative to Canadian equities versus foreign equities. My problem with what has happened is certainly the market has plummeted since the rules were changed. Does he not feel that the pension funds of Canadians should be targeted on investing in Canadian industries and Canadian equities rather than foreign equities?