Mr. Speaker, I listened with great interest to my hon. friend's remarks. In a previous life, I sold RESPs. I have never heard anybody condemn the RESP program. Would people like more to be done? Absolutely they would.
However, I would like to ask three maybe slightly technical questions. I may have missed it in his earlier remarks. Is the hon. member suggesting we retain the Canada education savings grant, as well as making contributions tax deductible? Are we talking about tax deductibility on a limit of $2,000 that currently qualifies for the CESG or on $4,000 that is allowed to be put in every year? Has the hon. member costed out what this would cost, in terms of revenue to the government?