Good afternoon. Would the pensions expert, Michel St-Germain, please come forward? I have a few questions to ask about actuaries.
Mr. St-Germain, the document that is part of the results presented by the Canadian Pension Plan and the study conducted by the Chaire d'études socio-économiques at UQAM, headed by Léo-Paul Lauzon, seems to indicate that we are obviously headed toward a major economic Walkerton in 30 years. The money that would provide people with a comfortable retirement won't be there.
We don't have to be rocket scientists to figure that out. Am I right?