Okay, thank you.
Once it goes beyond that, we realize the challenges.
Mr. Lee, we're hearing a lot from those who want to go pretty fast. They've got a magic solution and they want us to fix it today. I think we share that concern with a lot of the provincial ministers, although they are not all finance ministers; some of them are actually pension ministers.
When we came out of the session in Whitehorse, six provinces said they were going ahead with consultations. We've been criticized federally for actually listening to Canadians, and I think it has been demonstrated here today and other days that we need to do that.
Ted Morton is our new finance minister in Alberta, and I'll quote him. Ted Morton argued for an incremental approach. His suggestions are a major shift from Alberta's previous stand that pension reform is urgent and that a voluntary supplement to the Canada Pension Plan is probably the best approach. Morton also rejected proposals for a mandatory expansion of the Canada Pension Plan as a way to help retired people make ends meet. He said a bulked-up CPP would only exacerbate the problems of today's system and foist a bigger burden on young people to support the growing number of seniors. When he said that, Ontario's finance minister, Dwight Duncan, said he always has urged a cautious approach to pension reform, and now Alberta is actually singing the same tune.
Would you agree that such an approach is prudent? As the finance minister said, “Do no harm”. We've got a good system.