There have been a number of studies on pension reform, and I know there's going to be another one dealing with the viability of CPP and RPPs. I think there's a general recognition that the portion of people who have a defined benefit pension plan, the type we call good pensions, is somewhere around 11%. Generally, these are only safe in the public sector. So the amount of savings that people have is insufficient.
We are concerned about the premise of the registered retirement savings plan—that you have higher income in your working age years and then when you become a senior you have lower income and take money out of your RRSP. But poor people often have a lower incomes in their working years and higher incomes when they go into retirement. So the type of investment vehicles we have are insufficient for people who are in that position. Often people have RRSPs that they start to dip into, and it reduces their entitlement to a guaranteed income supplement. When that happens, you start to see seniors who cannot meet the cost of their dentures, their home repair bills, or their assistive devices. We need to be rethinking programs that provide—