Thank you to all the witnesses for coming today.
I want to start with Mr. Oberg.
Thank you, Sir, for your service to the country, and for what I thought was an excellent brief by the National Association of Federal Retirees.
I want to start with a comment that Mr. Cross made. He used the expression “pension crisis” in Canada. You have done an enormous amount in your brief to try to elaborate on that crisis. For example, you said that you are in strong support of public measures such as increasing the Canada Pension Plan. You also pointed out some of the difficulties with the RRSP as a solution. He specifically said that pooled registered pension plans are insufficient.
I want to know what your solution is for this pension crisis which Mr. Cross referred to.