Okay. Merci.
I'm going to take the next Conservative round.
We had a witness here on Tuesday, Mr. Fréchette, who I thought gave us a very good presentation. His presentation outlined how, in his case, the company pension plan did well at one point--well enough that it was eligible for a contribution holiday, which it took--but then the plan did not do well. It encountered some challenges and was underfunded, and this caused the situation that the company and thus the retirees found themselves in.
Obviously, the question that then pops into someone's mind is whether this applies to all unfunded registered pension plans that are distressed. That's the reason for the difference in the estimate. The Nortel example obviously pops into one's mind; the answer given is that it does not apply to Nortel because it's registered provincially in Ontario, and there's a provincial program in place in Ontario, the pension sustainability fund, which Mr. Wallace referred to.
But I just want to clarify the answer. Because one province, such as Ontario, has a program like that in place, does it mean that this bill, if it were in place with the changes it's asking for, would not have effect in the province that has this pension sustainability fund?