I would just like to point out that the definition of “labour trusts” under Bill C-377 is very broad. It encompasses a lot of entities that, in our view, I'm not sure were intended. For example, we talk about a health and welfare trust; that's one family, but there are types of benefit plans that are not included in that, such as member assistance plans, for example, or addiction help organizations. In Ontario, we have a couple, like De Novo and Renaissance. These types of organizations would be captured.
One of the fundamental problems that MEBCO has with this proposed legislation is the types of entities that would be captured under this definition.