Discussion · Government Orders
Garnett Genuis Conservative
“The board that manages the Canada Pension Plan spends over $1.7 billion on costs and pays each employee an average of over half a million dollars. Will the new Canadian fund spend that much money on its costs and staff too?”
“Mr. Chair, the Canada Pension Plan Investment Board has operating expenses of over $1.7 billion. It has an average of over half a million dollars in compensation per employee. I wonder if the minister expects the so-called Canadian sovereign wealth fund to have similar operating costs and expenses.”
Official Hansard
Mr. Chair, the Canada Pension Plan Investment Board has operating expenses of over $1.7 billion. It has an average of over half a million dollars in compensation per employee. I wonder if the minister expects the so-called Canadian sovereign wealth fund to have similar operating costs and expenses.