I think you mentioned earlier empirical evidence that a hike in CPP might cost 70,000 jobs. I think it was Postmedia that recently got the background to that comment. That was if the hikes in premiums were imposed in one year. Nobody from the labour movement, nor the P.E.I. finance minister, not one single proponent of CPP expansion has talked about imposing hikes over one calendar year. There's no evidence that it would cause unemployment.
Secondly, in terms of home equity, this is not a deduction from a paycheque, and retirement security shouldn't be the focus of this panel. I would agree with you on that, but I want to say absolutely crystal clearly that all Canadians benefit from having one of the world's best pension systems. There is no private solution. There are no takers among the provinces for the PRPP solution. The Quebec government passed enabling legislation. They may be done as of Monday. There are no jurisdictions in Canada, so if federalism is going to work on any front in Canada surely to goodness there should be consent from the provinces for a Canada job grant program. It's been fixed up now by Minister Kenney and others, but there's been no consultation from day one.