Thank you, Mr. Chair.
Ms. Nielson, when you were talking before about plans where people were 90% covered as a replacement ratio, Statistics Canada says there are close to 300,000 Canadians, mostly on old age security and GIS, who are living below the poverty line on about $1,160 a month. As just indicated by Mr. Cadieux, 63% have no pensions and no savings whatsoever at this time.
I can understand Mr. Généreux's concerns about new employer taxes, but the proposition of doubling CPP to the employers' side is 2.5%. Coming back to the replacement ratio, were the people taken into account who were on minimum wage, or the 300,000 I referred to who were probably stay-at-home mothers, because most of them were women and never got into CPP? So you have a situation where 63% of the people have nothing and very low income, and they are facing a wall when retirement comes. You have the other ones who are already living below the poverty line. Are they in the mix of what you studied?