Once again, Madam Speaker, why the outrage on these bonuses to this crown corporation? Why the double standard? Why can we not have a little consistency on this? Why do we say that some professional boards should not get a bonus, but we say that bonuses are okay for other professional boards that have a similar record, that are under economic pressure right now, that are losing money? That is a double standard.
For example, the Ontario teachers' pension fund is a pretty successful fund that makes a lot of money. In fact, it owns the Toronto Maple Leafs, a team which I happen to follow, a team that I have cheered for my entire life. That fund makes a lot of money. It does not just invest in government bonds and so forth; occasionally, it takes prudent risks. That is what it is about. Investing is always about measuring risk and reward. I would argue that the CPP Investment Board has struck the right chord. It has done the right thing.
We are at a point in time where there is no question that stocks over the last number of months have been challenged, but that is not the future of the market. The history of the market has always shown fluctuation, but over time it becomes stable. When it picks up, the CPPIB will also pick up. I hope that the member then will congratulate the board for the hard work it has done.