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Results: 1 - 15 of 13266
View Robert Sopuck Profile
CPC (MB)
Was there ever a time when lobster stocks collapsed, and if so, what was done to rebuild the stocks?
View Robert Sopuck Profile
CPC (MB)
I think that's a remarkable record, because fish stocks can collapse and rebound. We had that incredible resurgence of sockeye salmon in 2010 in the Fraser after a decade of low fish numbers, so I find it remarkable that the department really doesn't have a record of any time when the stocks collapsed.
View Robert Sopuck Profile
CPC (MB)
This strikes me as a remarkably easy species to manage compared to open-ocean pelagic fish. I think that's one of the reasons that they're doing so well.
Could you expand more on what affects year-class strength in lobsters? They do fluctuate, you pointed out, but what's the guessing as to what causes those fluctuations?
View Pat Martin Profile
NDP (MB)
Good morning, ladies and gentleman. We'll convene our meeting of the Standing Committee on Government Operations and Estimates.
As one aspect of our mandate, we not only review the planned expenditures of various government departments and their estimates, but we also review the statutory programs. One of the recommendations made in a recent study we did as a committee was to do a better job of oversight as a committee; to commit to review all significant statutory spending at least once every four or eight years, I believe it was. Obviously, it's difficult to do more than that.
We're very pleased. This is the first attempt to provide this additional scrutiny to some of the statutory spending undertaken by the government, so we're very pleased today to welcome very much a blue ribbon panel dealing with the public service pension plan.
We're joined by representatives from the Treasury Board Secretariat: Ms. Kim Gowing, director of the pension and benefits sector; and Ernest Meszaros, senior adviser, pension and benefits sector.
Welcome, Ms. Gowing and Mr. Meszaros.
We also have, from the Office of the Superintendent of Financial Institutions, Jean-Claude Ménard, chief actuary.
Welcome, Mr. Ménard.
We also have Public Sector Pension Investment Board representatives Martin Leroux and Mark Boutet. I'll let them introduce their positions.
I understand that all three groups will have brief opening statements. I hope we have time for a thorough go-round to ask questions.
Proceeding in the order that we have them on our agenda, we'll invite Ms. Gowing, the director of the pension and benefits sector of the Treasury Board Secretariat, to make opening remarks.
Welcome, Ms. Gowing.
View Pat Martin Profile
NDP (MB)
Thank you, Ms. Gowing.
We'll invite Jean-Claude Ménard from the Office of the Superintendent of Financial Institutions to speak.
Mr. Ménard.
View Pat Martin Profile
NDP (MB)
Thank you, Mr. Ménard.
From the Public Sector Pension Investment Board, we have Martin Leroux, vice-president of policy portfolio and asset liability management.
View Pat Martin Profile
NDP (MB)
That makes me feel like handing you my portfolio to manage, Monsieur Leroux.
My thanks to all of you. That's a really interesting introduction and overview.
We are going right away to questions. For the official opposition, the NDP, we have Ms. Linda Duncan.
View Pat Martin Profile
NDP (MB)
Ms. Duncan is going to be sharing her time with Irene Mathyssen.
Welcome, Irene. You have the floor.
View Pat Martin Profile
NDP (MB)
I'm afraid, Irene, your five minutes has expired. It goes very quickly with five minutes for questions and answers.
View Pat Martin Profile
NDP (MB)
Yes, absolutely.
View Pat Martin Profile
NDP (MB)
We do know what Marcel Massé did with the surplus of the general fund in 2000.
We'll go to Peter Braid.
View Pat Martin Profile
NDP (MB)
You have about a minute and a half left, Peter.
View Pat Martin Profile
NDP (MB)
Monsieur Ravignat.
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