Yes. This is why in the 28th actuarial report we have assumed a different real rate of return than under the base CPP. Because the contribution rates are so sensitive to the rates of return, you want to have more stable returns and maybe a less volatile portfolio. But CPPIB at this point has not implemented any decisions about what they intend to do as an investment policy. They said they are still studying that. We believe that because of the sensitivity—and I think CPPIB is agreeing with this—the monies invested in CPP 2 should be under a portfolio that's less volatile, which will give more stable returns.
On November 14th, 2016. See this statement in context.