I do have a question. When we're talking about the the Canada Pension Plan, one of the things about being in the financial services industry is that I know Canadians are very concerned about leaving an estate. Under CPP currently, if you are 65 years old and contribute your entire life and start collecting at 65, and die a year later, notwithstanding our longevity issue that we've discussed, what happens to the CPP? You get the maximum $2,500 death benefit. So if we are diverting funds from an RRSP where there is estate value left, what is the solution potentially for CPP? That's my concern, that currently there is no estate value left there.
On April 15th, 2010. See this statement in context.