Yes. We all remember Marcel Massé and his last act as President of the Treasury Board, when they, I would argue, stole the $30 billion surplus in the public service pension plan as his parting act. He had to leave after that, because I don't think it would have been safe in Ottawa for him to remain in politics.
But that same reasoning is there today, even more so. I know this is a bit off topic, but I sense it everywhere we go now. The corporate sector and governments are calling pensions “unfunded liabilities”. They call them “legacy costs”. They used to be something we were proud of and we acknowledged as part of retirement security for all Canadians.