Senator Carignan: I would point out that the CPP Investment website clearly states the following:

Our accountability is ultimately to our stewards — the federal Finance Minister and the Finance Ministers of the participating provinces.

It also states that the “annual report is tabled in Parliament by the Federal Finance Minister.” We are Parliament, and your government is the Minister of Finance. I think Senator Gignac is absolutely right to make this proposal, and I think it’s unacceptable for a federal board to use tax havens.