Mr. Speaker, I assure all members that the fall fiscal update is not a mini-budget. It is an update of the fiscal situation of the Government of Canada. At the same time, an economic plan will be released that will provide some direction about matters of principle and what we intend to do in terms of taxation.
As the member opposite knows, on October 31, for the first time in Canadian history, income splitting of pensions was announced, effective January 1, 2007, which will make a great difference to pensioners of all ages in Canada.