I'd like to take you back to some of the research that we did at the CBA a couple of years ago. We looked at families who had access to an employer-sponsored pension plan and at those who did not. One of the things we found was that those who did not have access to an employer-sponsored pension plan tended to save more in other ways. They put more money into an RRSP; they put more money, potentially, into their house; they put money into their small business or their farm or into mutual funds and other forms of saving. Often they did not put enough in there to enable them to have the same level of assets as those with an employer-sponsored pension plan, but they did recognize that something was missing and that they had to react to that situation, and within their capacity they tried to do so.
On February 28th, 2012. See this statement in context.