I have to declare my interest here, because I was at Finance Canada for 10 years and EDC for another 10. So I'm one of those lucky beneficiaries of a very nice DB pension plan locked in with the federal government. It's one of the better career choices I've made.
But you're absolutely right. There are issues about adequacy across the economy, questions of fairness between the public and private sectors, and people in DB plans who are underfunded, which will probably not be sustained by their employers, as we saw with Nortel and many others. So pensions are a huge issue.
We are actually launching a series of research studies right now trying to examine questions of pension adequacy. There are different attitudes of young Canadians versus older Canadians. If I'm a young Canadian in a world where the DB plan no longer exists, I'm asking fundamental questions about social fairness. Your point about the ability of governments to afford the current pension plans is real. On the flip side, though, we're going to have a world where the labour market is going to be much tighter and employers are going to be competing for talent. So the pension issue becomes part of a whole compensation and benefits issue to attract and retain good employees.