I think there is a good argument to be made for bringing together the various programs we have and better income-testing them. We offer large demogrants to people who are earning a lot of money, just because they've hit 65. I think the average Canadian probably wants to question that. Politically, I realize it's very difficult.
On asset testing, what I would be very concerned about is not only compliance costs and the shifting of assets, but also that seniors need an opportunity to smooth out their income fluctuations. Things such as utility bills can jump month to month, so they need to have some buffer to work with over their retirement period to be able to smooth payments over time.
It's really self-insuring. This requires at least some level of assets; a move towards asset testing makes it very difficult.