Thank you.
Mr. Kelly, regarding the underfunded pension levels in municipalities, we see every year, especially in Ontario, where they publish the names of people who are making $100,000 or more. That book seems to be getting thicker and thicker every single year. It doesn't matter who seems to be in power at the provincial and municipal levels.
How does that affect the underfunded pension levels? As a result, how does that affect the adequacy of municipal infrastructure?