Yes, we have had some informal discussions on that.
One of the recommendations we made was to allow RRSPs and RIFFs to roll over to an RDSP, the registered disability savings plan, which I noted earlier has been proposed in this year's federal budget, so we were quite pleased. But this is something that we see as a significant advantage to those Canadians who are so-called “under-saving”. Being able to inherit an RRSP intact, free from taxes, to replenish their underfunded RRSPs would be a significant benefit to Canadians.
When we look at baby boomers, this is the group on whom, across the country, there will be the biggest impact. They will be entering retirement over the next five to ten years en masse, and we think they are under-prepared for retirement.
Looking at current seniors, their lifestyle is very different. Boomers today will not retire to that same lifestyle. You said you are your children's RRSP. The fact remains that there is a sandwich generation. Baby boomers today are caring for their children, for themselves, and for their aging parents. One of the things we've seen first-hand is how caring for parents and their long-term care needs later on in life is now falling to the children because their parents have not adequately planned for that.