Thank you, Chair.
We certainly wouldn't want to repeat a repetition, would we?
Mr. Countryman, you've been a great witness. You've been prepared. You've had answers, which was, quite frankly, a bit different from some of our other witnesses, so I appreciate that. There is one area that I don't believe is currently covered in the reporting but is covered in the amendment. I'd like to get your thoughts on that.
You have told us that—I believe, as of June 8—there was an actuarial report prepared by the chief actuary officer that said, despite the reduction in CPP contributions, the plan is solvent for 35 years out. There's also a triennial review, at which point it will be checked for solvency again. The one difference, though, or the delta, is that this amendment requires an assessment five years from now as to the impact of the amendment. This would not be captured by the snapshot of yesterday's or today's report, nor would it necessarily be captured by the triennial assessment. Is that the case?
I'd like to hear your thoughts on that, Mr. Countryman.
