I have a closing comment on this. In addition to the financial implications, we must respect provincial areas of jurisdiction, and pensions are provincial areas of jurisdiction. We have the Canada Pension Plan. We have the Quebec Pension Plan. The Canada Pension Plan is administered jointly with the provinces.
This bill is a culmination of a federal-provincial first ministers agreement on amendments to be made to the structure of that pension plan. In other words, if we don't follow the structure of this proposed legislation and we make substantial amendments to it, the provinces will not give their consent to change the plan. So this is not intra vires exclusive federal jurisdiction, and that's why we have to be careful about the sorts of amendments we are proposing.
My understanding is that the proposed amendment in front of us here has not been discussed with the provinces. We have not sought or gained their consent on this issue, and therefore for us to pass it here really is to put the whole legislation at risk.