Thank you. Those are important questions.
Obviously, more and more of us are becoming seniors. The baby-boom generation is moving into its senior years, and I think it's really important that we not only start to orient programming toward making sure that seniors are well looked after, but also that we have good input from seniors. So we've launched a couple of initiatives with respect to that. First of all, the Prime Minister has appointed a secretary of state for seniors, the Honourable Marjory LeBreton. Although I'm pretty biased, I'd say she's doing a terrific job at this and is very aggressive in going out and seeking input from seniors. We've appointed a seniors council. We've also appointed a panel on older workers that is chaired by a former senator, Erminie Cohen. Their job is to go around and study the impact of job loss on older workers and find ways to engage and get them into the workforce.
But to your question, pension splitting is extraordinarily important and helpful to Canadian seniors. This was a very important step the finance minister took and will mean that so many more seniors will be able to live in some degree of comfort in their senior years. That combined with the improvements on the age credit means a pretty big step forward in terms of take-home pay for Canadian seniors. I think that's laudable, and I think we all support that.