It would be helpful to get back to the committee on this. We're one of the few industrialized nations that hasn't taken a serious look at their tax system.
If you were to try to identify one word to describe the changes in the Canadian economy since 1971, it would probably be the word “everything” in terms of the Canadian global economy.
In terms of pension reform, the provinces and the federal government have been engaged in discussions, and there seems to be emerging, with the exception of a couple of provinces, some level of consensus around opening up the CPP, to a CPP being well managed, diversified both geographically and in terms of sectorally and geographically, with low fees. The cost structure of the CPP is very competitive. To enable the 60% of Canadians in the private sector who do not have pension plans currently to be able to invest directly in a supplemental CPP-type approach as small-business owners in some cases, in other cases, employees, do you think that merits further discussion and working with provincial governments and employers, and to broaden the access to the Canada Pension Plan?