Thank you very much.
I wanted to throw out another suggestion we heard. The CLC talked to us about a plan whereby we would be able to double the average earnings replaced by CPP from 25% to 50%, over a period of seven or so years, by asking workers to contribute up from the current 5.3% to a contribution of 7.7%. They said that would make a significant difference in terms of CPP.
They also suggested that GIS be increased by 15%. They also wanted the government to protect pension plans that were defunct.
The cost of this would be less than $700 million. It's interesting in light of what Monsieur Laporte said about $10 billion being available, which is now paid in fees. Is the CLC on to something positive here? Do you see this as another recommendation that we should include in our brief to government?