We're very supportive of the discussions that have been going on at the federal and provincial levels, because the great danger, as I was saying earlier this afternoon, is that you will have a fragmented approach. Because we are one country and the retirement savings needs don't vary materially from coast to coast, we would worry about plans that might be developed that would have mobility concerns. We're a very mobile population, and people move from province to province. They expect to have portability of their pensions.
On one of the biggest issues I want to flag, in answer to your question, a lot of commentary is being made that defined benefit plans, while being a sort of very good gold standard, are in decline. There's a tendency to say that's kind of irreversible and that's too bad. We think this is a very good kind of pension plan, and it is hampered by the fact that there is a lack of harmony among the provinces and jurisdictions across this country.
As we say in our report on page 7, as you note, one of the things that would reduce costs, particularly for employers that have operations across provincial borders, is having pension rules in jurisdictions across the country more harmonized and in line. It would take a lot of the administrative costs away. So If I had one solution on that particular side, that's what I would offer.