Mr. Speaker, it is exactly the opposite. When it comes to pension reform, again in federally regulated plans, we have already made some changes. We have drafted some ideas for the federal-provincial conference that the finance minister will be conducting in December.
We understand that this is an issue that is beyond the Nortel pensioners. It involves Canadians who perhaps invested in Nortel shares 10 years ago and saw all of those savings disappear because of the mismanagement in that particular company.
We understand that, but at the same time we respect the provincial jurisdiction just as we have to act in the federal jurisdiction.