Speech (House debate)

{
    "time": "2009-09-14 15:15:00",
    "attribution": {
        "en": "Mr. Wayne Marston",
        "fr": ""
    },
    "content": {
        "en": "<p data-HoCid=\"1591045\"> With regards to the Public Sector Pension Investment Board: (<em>a</em>) what are the private market benchmarks used by the Board and in what way do they reflect the underlying credit risk, liquidity risk, leverage and beta of the underlying investments; (<em>b</em>) does the Board invest in hedge funds and, if so, (i) what are the Board\u2019s benchmarks for these hedge funds, (ii) how do the benchmarks accurately reflect the underlying credit risk, liquidity risk, leverage and beta of the underlying investments; (<em>c</em>) who is the officer responsible for the policy portfolio; (<em>d</em>) what is the total active risk the board is allowed to take and how is this risk monitored; (<em>e</em>) what is the risk management policy to deal with portfolios that are losing money; (<em>f</em>) are there steps to cut losses in public markets when they reach a certain level, and how are they made clear; (<em>g</em>) what are the detailed policies for (i) mitigating the risks of private markets, (ii) whistleblower protection, (iii) compliance with diversity laws; (<em>h</em>) what has been the turnover in funds of the last four fiscal years; and (<em>j</em>) has the board been audited or evaluated by the Canadian Human Rights Commission?</p>",
        "fr": "<p data-HoCid=\"1591045\"> En ce qui concerne l\u2019Office d\u2019investissement des r\u00e9gimes de pensions du secteur public: <em>a</em>) quels sont les indices de r\u00e9f\u00e9rence qu\u2019utilise l\u2019Office sur le march\u00e9 priv\u00e9 et en quoi refl\u00e8tent-ils le risque de cr\u00e9dit, le risque de liquidit\u00e9, le levier et le b\u00eata latents des placements sous-jacents; <em>b</em>) est-ce que l\u2019Office investit dans les fonds de couverture et, le cas \u00e9ch\u00e9ant (i) quels sont les indices de r\u00e9f\u00e9rence utilis\u00e9s par l\u2019Office pour ces fonds de couverture, (ii) en quoi est-ce que ces indices de r\u00e9f\u00e9rence refl\u00e8tent le risque de cr\u00e9dit, le risque de liquidit\u00e9, le levier et le b\u00eata latents des placements sous-jacents; <em>c</em>) qui est l\u2019agent responsable de la politique sur les portefeuilles; <em>d</em>) quel est le risque actif total que l\u2019Office est autoris\u00e9 \u00e0 prendre et comment surveille-t-on ce risque; <em>e</em>) quelle est la politique de gestion du risque \u00e0 l\u2019\u00e9gard des portefeuilles qui perdent de l\u2019argent; <em>f</em>) existe-t-il des mesures pour r\u00e9duire les pertes sur les march\u00e9s publics lorsque ces derni\u00e8res atteignent un certain niveau, et comment sont-elles pr\u00e9sent\u00e9es clairement; <em>g</em>) quelles sont les politiques d\u00e9taill\u00e9es concernant (i) l\u2019att\u00e9nuation des risques que pr\u00e9sentent les march\u00e9s priv\u00e9s, (ii) la protection des d\u00e9nonciateurs, (iii) l\u2019observance des lois sur la diversit\u00e9; <em>h</em>) quel a \u00e9t\u00e9 le volume des op\u00e9rations sur ces fonds au cours des quatre derniers exercices financiers; <em>j</em>) est-ce que l\u2019Office a fait l\u2019objet d\u2019une v\u00e9rification ou d\u2019une \u00e9valuation par la Commission canadienne des droits de la personne? </p>"
    },
    "url": "/debates/2009/9/14/wayne-marston-1/",
    "politician_url": "/politicians/wayne-marston/",
    "politician_membership_url": "/politicians/memberships/492/",
    "procedural": false,
    "source_id": "p1591045",
    "h1": {
        "en": "Routine Proceedings",
        "fr": ""
    },
    "h2": {
        "en": "Questions Passed as Orders for Returns",
        "fr": ""
    },
    "h3": {
        "en": "Question No. 185",
        "fr": ""
    },
    "document_url": "/debates/2009/9/14/",
    "related": {
        "document_speeches_url": "/speeches/?document=%2Fdebates%2F2009%2F9%2F14%2F"
    }
}