Madam Speaker, I actually believe that the CPP Investment Board is very well managed. It is easy to look in the rear view mirror and say that if the managers had chosen option A instead of option B, we would be further ahead. There are an awful lot of investors right now who, if they had known back then what was going to transpire over the last few months, they would have a lot more money than what they have today. That is the benefit of hindsight, and that is what the member is speaking about.
It is important that the fund be managed by professionals who understand investing, professionals who understand that their duty is to protect the public money that is in the Canada pension plan.
I do not believe the intervention that is being mentioned is appropriate.
We talk about a lot of crown corporations in the House and how they are at arm's length from the government, CBC being one of them. I questioned the CBC on the bonuses that it was paying to its executives while it was laying off some 800 people. I was chastised for just asking whether it felt that was appropriate. Why is there a double standard in this case?