We recommended tax-free rollover from RRIFs and RRSPs to RDSPs in the last budget. We were very happy to hear that announcement included.
I'd like to make one final comment about Ian Lee's presentation on using home equity as a retirement vehicle. In our experience as financial planners, Canadians are very reluctant to move out of their homes during old age, and prefer to age at home.
Secondly, the amount of equity that is freed up when a home is downsized is often much less than anticipated. Although we view homes when totaling net worth and savings, using them as an alternative to registered savings plans could be misleading.
I thank you, Mr. Chairman. We'll be pleased to answer questions.