They fit within the same maximum contribution level, but as we say, people aren't contributing. There's $600 billion of unused room. It makes it safer because it's protected. It's simple. Businesses can offer a group RRSP, but the employer is then administering the group RRSP. This makes it simpler for the employer, and it's safer for the employee. It's a fiduciary responsibility on the plan administrator to make the best return to the plan member. That's the fundamental protection in the PRPPs.
On February 16th, 2012. See this statement in context.