If we're talking, for example, about the private pension, much of the legislation is at the provincial level. We then need to understand what changes are going to be made at the provincial level so that they're congruous with what's being made at the federal level so that, to the greatest extent possible, there is harmony between the regulations at the different levels. This plays in, to some extent, to benefit programs and the marginal tax rate comment that I made.
On May 29th, 2012. See this statement in context.