I think this program is great. It will take a few years to start showing a lot of dividends in terms of how these entities are performing, and we also need to track that.
Turning to Mr. Milligan at UBC, one of the things you may have commented on the Canada workers benefit, or WITB. One of the big things we aim to do with our budget, and with the BIA, is to increase labour force participation rates, especially when we face the headwind of many people withdrawing from the labour force. Our population may be getting bigger, but there are many people actually withdrawing from the labour force—many baby boomers, and the like. Recently, I've had many people tell me, “I'm retiring, I'm 58” or “I have a pension. I'm 65, and I'm out”.
The Canada workers benefit—and I don't know if you've done statistical modelling of this—should not only lift people out of poverty via the the auto-enrollment, but also encourage people to enter the labour force.
It may not be at the level, numerically, where you want it to be, in terms of where the threshold is, because you have the upward trajectory, the threshold, and then the clawback, but I want to hear your take on the labour force participation angle, because that's very important.