That being the case, perhaps I will put the question to Mr. Lapointe.
Mr. Rosen and Ms. Urquhart, both of whom previously appeared before the committee, called into questions the ethics surrounding income trusts. According to Ms. Urquhart, it would be unwise to extend from 4 to 10 years the transition period for income trust unit holders so as to soften the blow and allow them to make some sound choices. In my opinion, this would only encourage older, more vulnerable taxpayers to invest in this type of vehicle and to run the risk of losing their life savings. I'd like to hear your views on this subject and on Mr. Rosen's comments.