Thank you for your kind and thoughtful comments in your presentations. I'm trying to keep these questions direct so I can get feedback from a number of people.
Janet, for CARP, to put it on the record, our platform did contain a measure to improve the GIS, specifically a 10% increase, $920 a year, which will benefit 1.2 million single seniors in Canada, of which 900,000 are female. That is a large measure that we advocated for in our platform and hope to see in the coming months, so I'd like to put that out there.
I have a question on the 70% replacement income. How is that number determined in looking at.... We understand that folks retire with a level of income. There is some discussion and debate out there on different levels of income having an appropriate level of retirement savings, and other levels of income not having appropriate levels.
I wanted to get your thoughts on the 70% and on the debate that's occurring.