Mr. Speaker, I will respond to the specific question about seniors. One specific concern that has been raised is the obligation that people have to move money from RRSPs to RRIFs at age 71. We moved the age from 69 to 71. It is true that the transfer can be made in kind. One does not have to sell the asset. However, it is also true that some of our financial institutions have not been making that crystal clear to their customers.
I am writing to them today asking them to clarify that and to ensure those transfers in kind can be made within those financial institutions at no cost to the customers.