Mr. Speaker, my colleague is absolutely right. Our discussions with the minister have pointed to that happening. Why take this matter out of the hands of commissioners, as I was saying earlier, and give the responsibility to a board?
The board will have no power other than making sure that contributions are sufficient to comply with the requirements set by the minister. In other words, the real work will done by the chief actuary, who will advise the commissioners.
This is the problem our colleague raised: once they have a purely technical role and no performance obligations with respect to the decisions they make, they will lose control over decision-making; their only purpose will be to rubber-stamp other people's decisions.