Thank you, Mr. Chair.
Thanks to our guests for joining us this morning.
I'll start with Mr. Russell. I only have seven minutes, so I'll go fairly quickly. I'm going to ask you about all three items, but I'll start with the last one.
The RRSP contributions that people make are really a tax deferral program that we have. They don't pay tax on it when they put it into the system, and hopefully, when they take it out, they will be at a lower tax rate and be able to take advantage of that.
I'm not saying I disagree with you, but with the elimination of the required withdrawal rate at 71, or flexibility in it, the government of the day—whoever it happens to be—still needs its tax revenue, I can tell you that.
In your proposal, when would you propose that the government actually gets the taxes that have been deferred for years and years by doing RRSP contributions?