Government Operations committee  Earlier, during the hearing, the Constitution Act, 1867, was invoked. Pensions under the Constitution are predominantly a matter of provincial jurisdiction under section 92. The only exceptions are the federally regulated entities, such as airlines and banks, for example. When the CPP was created, it was created as a joint venture with the provinces, which maintain....

Government Operations committee  What we try to do every day within CPPIB—and this goes back to when we started operating, so a quarter of a century—is to strike a very delicate balance between our public accountability and the commercial nature of what we do. There is a wide range, including—obviously, it's more symbolic—tabling our annual report in the House of Commons, which is full of disclosures.

Government Operations committee  None at all.

Government Operations committee  Good afternoon, Mr. Chair and members of the committee. I wish to thank the committee for inviting me. CPP Investments is the professional investment management organization that invests the Canada pension plan funds not currently needed to pay current benefits. Our purpose is to help provide a foundation upon which more than 21 million Canadians can achieve lifetime financial security.