We have to look at what the tax breaks are because of people investing in RRSPs. I believe the figure is about $18 billion provincially and federally. What's the cost to us to do it that way?
Also, we should be realizing that for people who may have made some investments in RRSPs...I'm of the understanding that for the age group 55 to 64, which is near and dear to my heart because that's where I fit, the average monthly payout for somebody with an RRSP is not an astounding amount of money. It's $250 a month. Can you imagine what would happen—Joel has already pointed it out—if we actually got real money back into people's hands through enhanced CPP and OAS? That would be an economic stimulus in our communities, and we'd have fewer worries. Again, this gets back to the point about the pension summit, because we can start to then have that discussion about what happens if we get people to convert.
For 14 years I didn't have a pension plan; I had RRSPs. Like a lot of other people, I started looking at them a year ago and watched them go down and was thinking, “Man, bring on the cat food.” I could joke about it for a while, but it wasn't funny after a while.