As far as CAPS is concerned, I must admit, this will sound like a cop-out response, and partly it's intended to be. CAPS addressed the issue of pension splitting and devoted its energy to the issue of pension splitting. It did not undertake the issue of income splitting because that's a bigger issue that would perhaps divert this particular one we're after. Therefore, we did not spend a lot of time analyzing the impact of the full income splitting. We concentrated on what the impact of pension splitting would be. I think I have to leave it at that.
On March 27th, 2007. See this statement in context.