Thank you, Madam Chair.
I would like to move an alternative subamendment, which reads is that the amendment be amended by adding after proposed subsection 43.1(1) the following:
1.1) The report prepared under subsection (1) and the report prepared under subsection (3) must include representative examples showing the estimated annual impact of the reduction in contribution rates on employees, employers and self-employed persons at different levels of pensionable earnings, including earnings of $50,000, $70,000 and the maximum pensionable earnings for the relevant year.
