Sure, I'll start, and then Ross can feel free to jump in.
The decline of the defined benefit pension plan in the private sector is a known issue. It is one that provincial legislatures across the country have tried to reverse by tweaking funding obligations and, in a lot of cases, revamping funding obligations so that pension plans can be maintained on a going-concern basis and so that there is more of an incentive to maintain defined benefit pension plans.
This bill works in opposition to all of those initiatives.
I'll turn it over to Ross to respond as well.