Finance committee  For once, no. I think we've already said enough.

Finance committee  This is one of the reasons for the survey we are currently in the middle of conducting. We want to understand what the major pressure points are. We know, however, through other ongoing research we do, that the number-one problematic tax for small businesses is the payroll tax. T

Finance committee  We'd all love one, but let's be realistic: there isn't one. This is why we're doing the study. We'll have it to you and everyone else before the end of the month, before the finance minister's consultations are done.

Finance committee  What we make a point of doing, especially on these kinds of issues, which are complicated.... And as I said, I mentioned it earlier, when the prospect was doubling CPP premiums back in the mid-nineties, we did a very comprehensive survey and we did a huge education portion of tha

Finance committee  When you think of the fact in the introductory comments that people used to retire at age 65 and die before age 70, it's not that we're recommending that, but we have increased our lifespan massively. Again, that's a good thing. But when you look at the math of these pension plan

Finance committee  I'm glad that somebody reads these letters. This is the conundrum of these kinds of funds. We consult with actuaries all the time. We're not actuaries, although we're rapidly getting there--I'm thinking that will be my next career. My understanding from the people who look mo

Finance committee  I just want to mention the concept of the so-called race to the bottom, which I've certainly heard more times than I can count. It would be very nice if business could afford that, but they have to compete. The reason governments have higher wages, salaries, benefits, parental le

Finance committee  That's exactly why we're doing the survey we mentioned today, because we also know—and that was in some of our earlier data—our members value CPP as a program. Indeed, we worked with Paul Martin back in the 1990s to educate our members. These pension issues are complicated. I'm s

Finance committee  The challenge for the CPP—and I'm sure the banks and insurance people told you this—is that they don't really have mechanisms right now; they don't have the infrastructure to have an individual contribution type of thing. But barring that, I think that within reasonable limits, t

Finance committee  Thank you very much for the opportunity to be here today to speak with you. In the pension area, small and medium-sized firms certainly have a number of interesting challenges, some of which have been alluded to a little bit by the earlier presenters. Because we don't know yet w

Industry committee  We also haven't ruled out regulation, just for the record. The main reason I think we're all here is to have a proper study. We have a bunch of studies in the U.S. I'm not saying they're perfect, but at least we have a better understanding of what's happening in other marketplace

Finance committee  We also haven't ruled out regulation, just for the record. The main reason I think we're all here is to have a proper study. We have a bunch of studies in the U.S. I'm not saying they're perfect, but at least we have a better understanding of what's happening in other marketplace

Industry committee  That was definitely one main factor. I also believe, though, that both Visa and MasterCard became publicly traded companies back a couple of years ago. I believe there's just more of an appetite for more revenue, which is also driving this. There were increases in a lot of these

Finance committee  That was definitely one main factor. I also believe, though, that both Visa and MasterCard became publicly traded companies back a couple of years ago. I believe there's just more of an appetite for more revenue, which is also driving this. There were increases in a lot of these

Industry committee  Are you talking about privacy concerns or...?