Okay.
Obviously you're going to receive more contributions based on the schedule of increased payroll taxes that the government has set on track.
The Fraser Institute reports that 83% of your holdings are outside of Canada. We understand you need to diversify internationally, given your mandate to maximize returns without undue risk of loss; however, an increase in CPP contributions will necessarily reduce private savings, and private savings are typically affected by home bias, which is that when people are investing their own money, they tend to invest in their own country. What do you think about the suggestion that if Canadians are diverted away from their own private savings and into CPP, more of those savings will translate into investments outside of Canada rather than being invested here at home?