Thank you, Mr. Chair.
Thank you to all witnesses for being here.
Mr. Bourque, I'm particularly interested in your points around increasing the withdrawal limit from $25,000 to $35,000 for first-time homebuyers. This is something I know realtors have been pushing for, as you alluded to in your comments. In fact, I remember that this point came up in one of the first meetings I had with real estate agents in London, before and shortly after being elected. There are a lot of great real estate agents, as you know, in the London-St. Thomas area. I know you were down for their recent AGM. I'm sorry we didn't get a chance to chat there, but I'm glad you're here today.
On this question, though, of increasing the withdrawal limit, one of the criticisms that has been raised—certainly colleagues in the NDP have brought it up, but some others have, too—is that it is a measure that will not create much of a dent because, as the argument goes, who has RRSP at the levels of $25,000, or even $35,000 now, as the new withdrawal limit comes into place? For me, it's a tool in the tool box. It is certainly not a panacea, but it is an option that has always been available, but now it's improved.
Can you comment on the criticism I just cited? It continues to circulate, and I think it's unfair, quite frankly.