Mr. Speaker, in another pre-emptive move by the finance minister, we raised the age from 69 to 71 when seniors were actually required to roll their RRSPs into RRIFs.
Let me be very clear. On Friday, the finance minister wrote letters to all of the federally regulated institutions that handle RRSPs and RRIFs and told them that they had to allow seniors to roll penalty-free. We are looking forward to a reaction by November 28.