Thank you.
Mr. Christie, 63% of working Canadians don't have a pension and have next to no savings. As well, there is a pressure in our country to move from defined benefit plans to defined contribution plans. And last week we saw the market drop 7% in that week.
Would you like to talk about the impact on someone who was about to start on a pension plan with a defined contribution, keeping in mind that we've been suggesting for over three years now that we need a phased-in doubling of the Canada Pension Plan because of the necessity to backfill for this situation?