I would now like to address an issue about which much is said. My question is for whoever would like to answer.
Part of our constituency is made up of retired people. Old age security benefits were indexed, and people invested their savings in such things as RRSPs, but in some cases the money was badly invested. Some people have seen their investments lose approximately 30% in value. In my previous position, I participated in a defined contribution pension plan, as opposed to a defined benefit plan. And there were similar losses in that plan. People want to know what is going to happen. They are worried about their pensions.
Is it your sense that the situation is improving? As part of this committee's work, we are trying to find measures that would allow women to benefit from better paying pension plans, but what we are seeing on the whole is that people are becoming poorer.