This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2009-04-28 10:20:00",
"attribution": {
"en": "Mr. Keith Ambachtsheer",
"fr": ""
},
"content": {
"en": "<p data-HoCid=\"1451506\" data-originallang=\"en\">We've done some research on this question of governance and the impact of governance on results, and there is in fact a statistically significant relationship. What you find is that when you put together a board, it needs to have a public service attitude and dimension, but it also needs to have the composite skill and experience that's relevant to the mission of the organization.</p>\n<p data-HoCid=\"1451507\" data-originallang=\"en\">In a lot of funds, not just at the Caisse de d\u00e9p\u00f4t but, for example, in most of the U.S. public sector plans, there is in fact a heavy political overlay in how appointments to boards are made. In the U.S., if you look at CalPERS, you have a number of elected politicians sitting on the board of trustees. I think that creates potential conflicts. These people are not necessarily in the best position to oversee the affairs of a long-horizon investment organization. So, yes, I think how you put together a board is tremendously important.</p>",
"fr": "<p data-HoCid=\"1451506\" data-originallang=\"en\">Nous avons \u00e9tudi\u00e9 cette question de gouvernance et son incidence sur les r\u00e9sultats, et il y a en effet un lien statistique important. On constate que lorsqu'on \u00e9tablit un conseil, il doit avoir un aspect et un comportement de service public, mais il faut \u00e9galement qu'il comprenne des comp\u00e9tences et de l'exp\u00e9rience pertinente \u00e0 la mission de l'organisation en question.</p>\n<p data-HoCid=\"1451507\" data-originallang=\"en\">Pour la plupart des r\u00e9gimes, pas juste la Caisse de d\u00e9p\u00f4t, par exemple, mais pour la plupart des r\u00e9gimes du secteur public aux \u00c9tats-Unis, les nominations au conseil sont fortement politiques. Aux \u00c9tats-Unis, si vous prenez CalPERS, par exemple, il y a plusieurs \u00e9lus qui si\u00e8gent au conseil des fiduciaires. Je pense que cela cr\u00e9e un risque de conflits. Ces gens-l\u00e0 ne sont pas les mieux plac\u00e9s pour surveiller les transactions d'un organisme d'investissement \u00e0 long terme. Donc, en effet, je pense que la fa\u00e7on dont le conseil est \u00e9tabli a une importance consid\u00e9rable. </p>"
},
"url": "/committees/finance/40-2/22/keith-ambachtsheer-12/",
"politician_url": null,
"politician_membership_url": null,
"procedural": false,
"source_id": "2722169",
"document_url": "/committees/finance/40-2/22/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F40-2%2F22%2F"
}
}