Mr. Speaker, I hope the board of directors of the new investment board will adopt an ethical investment policy.
As I said earlier, we are entitled to expect that what Canadians save, because Canadian society as a whole had agreed to defer income taxe for acertain number of years, will be used for absolutely irreprochable purposes, from an ethical standpoint.
I hope the board of directors of the investment board will implement such a policy, by banning all investments in tax havens and in businesses operating in those jurisdictions.
Therefore, for the time being, I will leave things up to the future board of directors. If this is not enough, then we may have to consider establishing a supervisory body.
While I have the floor, let me announce that, within the next few weeks, I will be introducing a bill providing for restrictions on Canadian investments in tax havens. That will give us the opportunity to discuss this issue further.