We're not necessarily recommending full exemption; we're suggesting potentially turning the clock back to at least July 1, 2010, and looking at GST only. That would eliminate the additional tax in all the harmonized provinces.
The issue really comes down to this: the government has prioritized retirement savings and has addressed the fact that we need to do something to help Canadians save more. There is pension reform going on to help underfunded pension plans. This is one form of helping Canadians have more capital, pay less tax at the time of saving, and have more retirement savings in the future.