I'd just like to make a point. It's not an issue that's not going to cost the government. If you do not act to amend the Bankruptcy and Insolvency Act and the CCAA it will cost the government.
We see in the Nortel case alone that we're going to have an estimated $355 million of downloading. The downloading is coming primarily from the survivors as a result of them getting 60% of 60% of the working spouse's wage and then getting a further 36% cut. This is going to put them in the range of requiring guaranteed income supplement if they do not have other savings.
For the long-term disabled, they are all already on the CPP disability, but for them it's going to be a burden on the provinces because of the provinces having the prescription drug programs.
We've not spoken much about severance because this is a session on pensions, but all of the severed persons go onto the employment insurance plan. So there is a heavy burden that's placed on the employment insurance plan when there are other more deserving unemployed, more deserving survivors perhaps, and long-term disabled who didn't have employers. So when employers have billions of dollars they should be obliged to honour their contractual obligations.