Absolutely. In our written submission I highlighted those proposals and changes. On some of those proposals, the cheques are already in the mail. We certainly appreciate that. Our members, when asked about these proposals, were very supportive of the changes. They focus on issues that resonate particularly with older Canadians. They definitely address the issue of poverty. They take the leadership in trying to help the next generation save for their own retirement. I encourage you to act quickly on mandatory retirement, because I understand there is some push-back there. I understand there is an imminent announcement on elder abuse.
These are all issues that say to our members and older Canadians generally that the government is listening. We are an advocacy group, so we thank you very much for that, and push for more.
When we talk about GIS, for example, some 680,000 seniors are going to benefit from that top-up. They will welcome that. There are 1.7 million Canadians who receive GIS, which by definition means they are facing some financial insecurities. So we're encouraging support for them.
When we talk about the PRPP, we think it's certainly an advance on saying we have no problem, which was happening two years ago. We caution us to take a look at what happened in Australia, which has had 12 years of experience with approximately the same type of situation. They found that because of the high fee, people were no better off than if they had just put the money in a bank. Because they had a mandatory enrollment system, people at least had the money in the bank. That was an advance.
We also believe something that large is capable of being turned into a target benefit plan, similar to what insurance companies used to offer. It's not impossible. We should examine those opportunities.
On the question of dealing with caregiver support, what you have mentioned are absolute advances, such as acknowledging a focus on family caregivers as contributors to our health care system. In that case, we encourage you to put forward a refundable tax credit, particularly for the more narrow segment of caregivers who perform 24/7 care. They are the people who have had to quit their jobs to look after their families. They are not going to be in a position to benefit from a non-refundable tax credit.