Quote:
Originally Posted by Jacks
I'd prefer if the politicians just stayed the hell away from CPP. If they have a project that would be beneficial to the CPP then let them make a proposal and let the board of CPP decide if they want to invest. The last thing I want is a politician announcing that they are going to build a bridge using CPP money, does anyone honestly believe it is possible for that to be free of political influence and corruption?
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According to the investment board website, they have safeguards against government influence. I have no idea how safe they are in practice. I am sure the government can use persuasion to get them to invest in certain ways, but I doubt Trudeau will have the power to outright dip into it. It sounds like federal and provincial finance ministers have a say, but they are audited by 3rd parties and are subject to public reviews.
http://www.cppib.com/en/who-we-are/g...-overview.html
http://www.cppib.com/en/who-we-are/g...ntability.html