Thank you, Madam Chair.
I have to confess that this is my first time dealing with this issue, this bill, on this committee, but I do appreciate the opportunity to weigh in. It is, in fact, something that I've been working on for quite some time, since being elected to the House in 2015, dealing with organizations such as CARP and others that have a great concern with respect to protecting their pensions.
I have to ask a question to Mr. Schaan that begs to be asked with respect to some of the dialogue that has been undertaken already at this meeting, albeit he's probably the most professed in this area of the dialogue and I appreciate his involvement and the—for lack of a better word—definitions today that he's provided the committee.
In budget 2019, the government introduced amendments to the Pension Benefits Standards Act. It prohibits a pension plan from providing that benefits and members' entitlement to benefits be affected by the termination of said plan.
How does that approach differ from the approach offered here, which we're discussing overall with a broader, holistic view but also specifically with this amendment?