There is an element of cost I want to touch on, actually, that hasn't been raised in the discussion. That's the cost of taxpayer-funded programs, such as GIS, which are already on track to increase from about $8 billion today to about $23.5 billion by 2030, when the baby boom cohort peaks.
All of those employers who don't offer good workplace pension plans today, and all of those who may even offer PRPPs with no employer contribution so that employees are carrying the costs and are unable to build decent, adequate retirement savings to live on in retirement, are getting a subsidy, effectively, from taxpayers. We're all paying the cost to support those employers who are not kicking into the retirement savings of their workers. So if the CPP actually does require contributions from employers and from employees, you have doubled it. You could go a long way to bringing down those future GIS costs we are all going to be on the hook for.