You may ask why there has not been a public outcry. For the majority of Canadians, the taxes are hidden. They are hidden in mutual fund statements, they are hidden in pension plan communications, they are not visible. The time will come, however, when they are aware--15 to 20 years from now, when many Canadians see that their savings are not adequate for retirement.
We believe our tax system should be part of the solution and not part of the problem when it comes to saving for all Canadian families.
Thank you. We will be pleased to answer your questions.