I want to thank each of the witnesses for being here today. We certainly appreciate your taking the time.
All of you touched a bit on the governance issue. I know that the Ontario expert commission recommended at some point that jointly sponsored plans and joint governance be exempted from solvency payments. The rationale provided at the time was that it's a superior governing structure that allows for better risk management.
I just want to hear from you on that. Do you agree with that? We have one example here, but do you agree with that statement?