It's very difficult to answer that question in a simple way. I'll explain myself.
Changing the insolvency rules will definitely impact the credit arrangements existing today if these changes are made applicable immediately upon their adoption. So if we're talking about implementing changes prospectively, that raises a number of questions as to how much of an impact these changes will have. In other words, will they be applied to current deficits or only future deficits? Will they be applied to current pensions and pay or only future pensions and pay? And so on.
I grant you that doing it prospectively has the appearance of making things simpler, but I am of the same view as Mr. Charbonneau. It is something that will require a lot of study. Get the views of experts in the field who contributed to this exercise when the government looked at these changes five years ago.